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The DC Code: § 42-2022 Sharing of reconstruction cost where project not insured or insurance indemnity insufficient.

Index42 Real Property. (Refs & Annos)

Where the project is not insured or where the insurance indemnity is insufficient to cover the cost of reconstruction the new project costs shall be paid by all the co-owners in the same proportion as their proportionate ownership of the common elements of the condominium project, and if any 1 or more of those composing the minority shall refuse to make such payments, the majority may proceed with the reconstruction at the expense of all the co-owners and the share of the resulting common expense may be assessed against all the co-owners and such assessment for this expense shall have the same priority as provided under § 42-2017.

Historical and Statutory

Prior Codifications 1981 Ed., § 45-1722. 1973 Ed., § 5-922. Legislative History of Laws For legislative history of D.C. Law 1-3, see Historical and Statutory Notes following § 42-2002. Miscellaneous Notes Supersedure of chapter: See Historical and Statutory Notes following § 42- 2001. DC CODE § 42-2022 Current through December 11, 2012

Credits

(Dec. 21, 1963, 77 Stat. 458, Pub. L. 88-218, § 22; May 22, 1975, D.C. Law 1-3, § 2(2), 21 DCR 3945.)