Liability insurance.

  1. Law
  2. Utah Code
  3. Real Estate
  4. Community Association Act
  5. Insurance
  6. Liability insurance.

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  • (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.




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