RS 9:1141.31
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/la/title-9/9-2260A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
RS 9:1141.31
§1141.31. Surplus funds
Any surplus funds of the association remaining after payment of or provision for common expenses and any prepayment of reserves shall be paid annually to the lot owners in proportion to their common expense liabilities or credited to the lot owners to reduce their future common expense assessments.
Acts 2024, No. 158, §2, eff. Jan. 1, 2025.