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Del. Code tit. 25, §§ 81-314

Surplus funds

Known as the Delaware Uniform Common Interest Ownership Act

The act spans §§ 25–25 (100 sections).

76 Del

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

Official source: Delaware Code Online. Reproduced from public-domain Delaware statutes; confirm against the official source for the current text. Not legal advice.