Arizona Statutes

§ 33-1254 — Surplus monies

Arizona § 33-1254
JurisdictionArizona
Title 33Arizona Revised Statutes
Ch. 9CONDOMINIUMS
Art. 3Management of the Condominium

This text of Arizona § 33-1254 (Surplus monies) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ariz. Rev. Stat. Ann. § 33-1254 (2026).

Text

Unless otherwise provided in the declaration, any surplus monies 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 liabilities or credited to them to reduce their future common expense assessments.

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Bluebook (online)
Arizona § 33-1254, Counsel Stack Legal Research, https://law.counselstack.com/statute/az/33-1254.