Missouri Revised Statutes

Chapter 448
Condominium Property
Section 448-003.114

August 28, 2011


Surplus funds.

448.3-114. 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 paid to the unit owners in proportion to their common expense liability or credited to them to reduce their future common expense assessments.

(L. 1983 H.B. 177)


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