District of Columbia Statutes
§ 42-1903.11 — Rights to surplus funds.
District of Columbia § 42-1903.11
JurisdictionDistrict of Columbia
Title 42Real Property.
Ch. 19Condominiums.
Subch. IIIControl and Governance of Condominiums.
This text of District of Columbia § 42-1903.11 (Rights to surplus funds.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
D.C. Code § 42-1903.11 (2026).
Text
Unless otherwise provided in the condominium instruments, any surplus funds of the unit owners’ association that remain after payment of or provision for common expenses and any prepayment of reserves shall be paid to the unit owners in proportion to the unit owners’ liabilities for common expenses or credited to the unit owners to reduce the unit owners’ future common expense assessments.
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Legislative History
Mar. 29, 1977, D.C. Law 1-89, title III, § 311, 23 DCR 9532b; Mar. 8, 1991, D.C. Law 8-233, § 2(ee), 38 DCR 261
Nearby Sections
15
§ 42-1001
“Power” defined.§ 42-1002
General power.§ 42-1003
Special power.§ 42-1004
Beneficial power.§ 42-1009
Right of grantor to reserve power.§ 42-1011
General powers in trust.§ 42-1012
Special powers in trust.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 42-1903.11, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/42-1903.11.