2015 Rhode Island General Laws
Title 34 - Property
Chapter 34-36 - Condominium Ownership
Section 34-36-29 - Insurance.
§ 34-36-29 Insurance. – The manager, management committee, or association of unit owners, if required by the declaration, bylaws or by a majority of the unit owners, or at the request of a mortgagee having a first mortgage of record covering a unit, shall have the authority to, and shall, obtain insurance for the property against loss or damage by fire and other hazards under the terms and for amounts as shall be required or requested. Insurance coverage shall be written on the property in the name of the manager, management committee, or association of unit owners, as trustee for each of the unit owners in the percentages established in the declaration. Premiums on insurance shall be common expenses. Provision for insurance shall be without prejudice to the right of each unit owner to insure his or her own unit for his or her benefit.
History of Section.
(P.L. 1963, ch. 181, § 1.)
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