§ 64.32.220. Insurance
The manager or board of directors, if required by the declaration, bylaws, or by a majority of the apartment owners, or at the request of a mortgagee having a mortgage of record covering an apartment, shall obtain insurance for the property against loss or damage by fire and such other hazards under such terms and for such amounts as shall be required or requested. Such insurance coverage shall be written on the property in the name of the manager or of the board of directors of the association of apartment owners, as trustee for each of the apartment owners in the percentages established in the declaration. Premiums shall be common expenses. Provision for such insurance shall be without prejudice to the right of each apartment owner to insure his own apartment and/or the personal contents thereof for his benefit.
[1963 c 156 § 22.]
Sections: Previous 64.32.140 64.32.150 64.32.160 64.32.170 64.32.180 64.32.190 64.32.200 64.32.210 64.32.220 64.32.230 64.32.240 64.32.250 64.32.900 64.32.910 64.32.920 NextLast modified: April 7, 2009