J
jesse10
Guest
What is the name of your state? California
We have a cash surplus in the operating account (not the reserve funds). CCNR's state that owners are to vote as whether to refund the surplus or as to whether carry it over to future assessment periods. A majority just wants to roll the funds over to the reserve fund. Can they do that? If there is no vote, can I just apply my share of the surplus to future assessments (meaning not paying til surplus is used up)?
We have a cash surplus in the operating account (not the reserve funds). CCNR's state that owners are to vote as whether to refund the surplus or as to whether carry it over to future assessment periods. A majority just wants to roll the funds over to the reserve fund. Can they do that? If there is no vote, can I just apply my share of the surplus to future assessments (meaning not paying til surplus is used up)?