W. Va. Code § 36B-3-114
Surplus funds
West Virginia · West Virginia Code Chapter 36B — Uniform Common Interest Ownership Act · Status: effective
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- Citation
- W. Va. Code § 36B-3-114, Surplus funds, West Virginia, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2385162
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Full 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 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.