58-3110. Common profits and expenses.

58-3110

Chapter 58.--PERSONAL AND REAL PROPERTY Part 6.--MISCELLANEOUS PROVISIONS Article 31.--APARTMENT OWNERSHIP ACT

      58-3110.   Common profits and expenses.The common profits of the property shall be distributed among, and thecommon expenses shall be charged to, the apartment owners according to theundivided interest in the common areas and facilities.

      History:   L. 1963, ch. 329, § 10; L. 1975, ch. 297, §3; July 1.