Legislation
- Title
- Cooperative Housing Corporations and Condominium Associations – Evidence of Insurance
- Sponsored by
- Senator Kramer
- Status
- In the Senate - Hearing 2/03 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Authorizing a cooperative housing corporation to require through its governing documents that members maintain an insurance policy on their unit and mandating that governing documents with the requirement also require the member to provide evidence of the insurance on request of the governing body; and requiring the governing documents of a condominium association that require a unit owner to maintain insurance on their unit to require the unit owner to provide evidence of the insurance on the request of the counsel of unit owners.
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Details
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Statutes
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(
5-6B-32, 5-6B-33 )
(
11-114.2 )
Last Updated: 7/8/2022 2:46 PM