In case of fire or any other disaster, the insurance proceeds, if sufficient to reconstruct the building, shall be applied to such reconstruction. Reconstruction of the building, as used in this section and § 34-36-31 means restoring the building to substantially the same condition in which it existed prior to the fire or other disaster, with each unit and the common elements having the same vertical and horizontal boundaries as before.
R.I. Gen. Laws § 34-36-30
Reconstruction on insured loss
Known as the Condominium Ownership Act
The act spans §§ 34–34 (41 sections).
P.L. 1963, ch. 181, § 1.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.