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Surplus funds - 68 Pa. Cons. Stat. § 3313

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     § 3313.  Surplus funds.
        Any amounts accumulated from assessments for limited common
     expenses and income from the operation of limited common
     elements to which such limited common expenses pertain in excess
     of the amount required for actual limited common expenses and
     reserves for future limited common expenses shall be credited to
     each unit assessed for a share of such limited common expenses
     in proportion to the share of such limited common expenses so
     assessed, these credits to be applied, unless the declaration
     provides otherwise, to the next monthly assessments of limited
     common expenses against that unit under the then current fiscal
     year's budget, and thereafter, until exhausted. Any amounts
     accumulated from assessments for general common expenses and
     income from the operation of the common elements, other than
     limited common elements with regard to which limited common
     expenses are assessed, in excess of the amount required for
     actual general common expenses and reserves for future general
     common expenses shall be credited to each unit in accordance
     with such unit's interests in common elements, these credits to
     be applied, unless the declaration provides otherwise, to the
     next monthly assessments of general common expenses against that
     unit under the then current fiscal year's budget, and
     thereafter, until exhausted.
     (Dec. 18, 1992, P.L.1279, No.168, eff. 45 days)

        Cross References.  Section 3313 is referred to in sections
     3315, 3407 of this title.

Last modified: November 27, 2007