Connecticut Statutes
§ 47-256 — Surplus funds.
Connecticut § 47-256
This text of Connecticut § 47-256 (Surplus funds.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Conn. Gen. Stat. § 47-256 (2026).
Text
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 annually 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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Legislative History
(P.A. 83-474, S. 57, 96; P.A. 09-225, S. 30.) History: P.A. 09-225 inserted “annually” re payment of surplus funds, effective July 1, 2010.
Nearby Sections
15
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Bluebook (online)
Connecticut § 47-256, Counsel Stack Legal Research, https://law.counselstack.com/statute/ct/47-256.