2017 Utah Code
Title 57 - Real Estate
Chapter 8a - Community Association Act
Part 4 - Insurance
Section 406 - Liability insurance.

Universal Citation: UT Code § 57-8a-406 (2017)
57-8a-406. Liability insurance.
  • (1) This section applies to a liability insurance policy required under Subsection 57-8a-403(1)(b).
  • (2) A liability insurance policy shall be in an amount determined by the board but not less than an amount specified in the declaration or bylaws.
  • (3) Each lot owner is an insured person under a liability insurance policy that an association obtains, but only for liability arising from:
    • (a) the lot owner's ownership interest in the common areas;
    • (b) maintenance, repair, or replacement of common areas; and
    • (c) the lot owner's membership in the association.

Amended by Chapter 152, 2013 General Session
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