General Assembly Proposed Bill No. 5035
January Session, 2011 LCO No. 84
Referred to Committee on Judiciary
Introduced by:
REP. ZALASKI, 81st Dist.
General Assembly
Proposed Bill No. 5035
January Session, 2011
LCO No. 84
Referred to Committee on Judiciary
Introduced by:
REP. ZALASKI, 81st Dist.
AN ACT CONCERNING INSURANCE REQUIREMENTS UNDER THE COMMON INTEREST OWNERSHIP ACT.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That section 47-255 of the general statutes be amended to restore the insurance requirements in effect prior to the enactment of Public Act 09-225 by eliminating the requirement that associations maintain insurance on buildings containing units divided by vertical boundaries that comprise or are located within common walls between units.
Statement of Purpose:
To eliminate insurance requirements under the Common Interest Ownership Act with respect to buildings containing units divided by vertical boundaries.