Requiring a member of a cooperative housing corporation to pay up to $10,000 of the corporation's property or liability insurance deductible if damage to a common element originated in the member's unit; requiring the governing body to inform each member in writing annually of the member's responsibility regarding the insurance deductible and the amount; and applying the Act prospectively.
Bill File Type: Pre-Filed
Effective Date(s): October 1, 2022
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Last Updated: 1/27/2022 11:20 AM