Colo. Rev. Stat. § 38-33.3-314
Current through 11/5/2024 election
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 or provision for reserves shall be paid to the unit owners in proportion to their common expense liabilities or credited to them to reduce their future common expense assessments.
C.R.S. § 38-33.3-314