Community Association Act
Utah Code Title 57, Chapter 8a
57-8a-406. Liability insurance.
(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
(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.
Enacted 2011, ch. 355. Amended 2013, Ch 152, eff. May 14, 2013.