Wisconsin § 707.36 Disposition of surplus funds.

Wisconsin Statutes

§ 707.36 — Disposition of surplus funds.

Wisconsin § 707.36

Ch. 707Time-share ownership

Subch.subch. III of ch. 707 SUBCHAPTER III

MANAGEMENT OF TIME-SHARE PROPERTY

This text of Wisconsin § 707.36 (Disposition of surplus funds.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 707.36 (2026).

Text

707.36  Unless otherwise provided in the time-share instrument, any surplus funds derived from the time-share owners or from property belonging to the time-share owners or their association and held by a managing entity, which are remaining after payment of or provision for time-share expenses and any prepayment of reserves, shall be paid to the time-share owners in proportion to their time-share liabilities, credited to the owners to reduce their future time-share liabilities or used for any other purpose as the association decides.

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707.36 Unless otherwise provided in the time-share instrument, any surplus funds derived from the time-share owners or from property belonging to the time-share owners or their association and held by a managing entity, which are remaining after payment of or provision for time-share expenses and any prepayment of reserves, shall be paid to the time-share owners in proportion to their time-share liabilities, credited to the owners to reduce their future time-share liabilities or used for any other purpose as the association decides.