Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
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 must be paid to the unit owners in proportion to their common expense liabilities or credited to them to reduce their future common expense assessments.
Cite this article: FindLaw.com - West Virginia Code Chapter 36B. Uniform Common Interest Ownership Act § 36B-3-114. Surplus funds - last updated January 01, 2020 | https://codes.findlaw.com/wv/chapter-36b-uniform-common-interest-ownership-act/wv-code-sect-36b-3-114/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?