Minnesota Legislature
Office of the Revisor of Statutes
2019 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
515A.3-113 SURPLUS FUNDS.
Unless otherwise provided in the declaration, any surplus funds of the association remaining after payment of or provision for common expenses and any prepayment of reserves shall be credited to the unit owners to reduce their future common expense assessments.
History:
1980 c 582 art 3 s 515.3-113
Official Publication of the State of Minnesota
Revisor of Statutes