The co-owners may, upon resolution of a majority, insure the building against risk, without prejudice to the right of each co-owner to insure his or her apartment on his or her own account and for his or her own benefit.
Ark. Code Ann. § 18-13-117
Insurance generally
Known as the Horizontal Property Act
The act spans §§ 18–18 (20 sections).
Acts 1961 (1st Ex
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.