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.
Structure Delaware Code
Chapter 81. DELAWARE UNIFORM COMMON INTEREST OWNERSHIP ACT
Subchapter III. Management of the Common Interest Community
§ 81-301. Organization of unit owners' association.
§ 81-302. Powers of unit owners' association.
§ 81-303. Executive board members and officers.
§ 81-304. Transfer of special declarant rights.
§ 81-305. Termination of contracts and leases of declarant.
§ 81-307. Upkeep of common interest community.
§ 81-308. Unit owner meetings.
§ 81-308A. Executive board meeting.
§ 81-311. Tort and contract liability; tolling of limitation period.
§ 81-312. Conveyance or encumbrance of common elements.
§ 81-315. Assessments for common expenses.
§ 81-316. Lien for assessments.
§ 81-318. Association records.
§ 81-319. Association as trustee.
§ 81-321. Litigation involving declarant.
§ 81-323. Removal of members of executive board.