Minnesota Statutes
§ 515A.3-113 — 515A.3-113 SURPLUS FUNDS.
Minnesota § 515A.3-113
This text of Minnesota § 515A.3-113 (515A.3-113 SURPLUS FUNDS.) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Minn. Stat. § 515A.3-113 (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 credited to the unit owners to reduce their future common expense assessments.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
1980 c 582 art 3 s 515.3-113
Nearby Sections
14
§ 515A.3-102
515A.3-102 POWERS OF UNIT OWNERS' ASSOCIATION.§ 515A.3-104
515A.3-104 TRANSFER OF SPECIAL DECLARANT RIGHTS.§ 515A.3-106
515A.3-106 BYLAWS.§ 515A.3-107
515A.3-107 UPKEEP OF THE CONDOMINIUM.§ 515A.3-111
515A.3-111 TORT AND CONTRACT LIABILITY.§ 515A.3-112
515A.3-112 INSURANCE.§ 515A.3-113
515A.3-113 SURPLUS FUNDS.§ 515A.3-114
515A.3-114 ASSESSMENTS FOR COMMON EXPENSES.§ 515A.3-115
515A.3-115 LIEN FOR ASSESSMENTS.§ 515A.3-116
515A.3-116 ASSOCIATION RECORDS.§ 515A.3-117
515A.3-117 ASSOCIATION AS TRUSTEE.Cite This Page — Counsel Stack
Bluebook (online)
Minnesota § 515A.3-113, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/515A/515A.3-113.