Ky. Rev. Stat. § 381.9189

Current through 2024 Ky. Acts ch. 225
Section 381.9189 - Surplus funds

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 may be paid to the unit owners in proportion to their common expense liabilities or credited to them to reduce their future common expense assessments.

KRS 381.9189

Effective:1/1/2011
Created 2010, Ky. Acts ch. 97, sec. 45, effective1/1/2011.