Oregon Statutes
§ 94.685 — Specification of insurance for individual lots
Oregon § 94.685
This text of Oregon § 94.685 (Specification of insurance for individual lots) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Or. Rev. Stat. § 94.685 (2026).
Text
(1)Unless provided in the declaration, the bylaws shall specify:
(a)The insurance an owner must obtain, if any;
(b)The insurance, if any, an individual owner is precluded from obtaining;
(c)The responsibility for payment of the amount of the deductible in an association insurance policy; and
(d)Whether or not the insurance coverage obtained and maintained by the board of directors may be brought into contribution with insurance bought by owners or their mortgagees.
(2)The declaration or bylaws may provide that the responsibility for payment of the amount of the deductible may be prescribed by resolution adopted by the board of directors.
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Legislative History
1981 c.782 §54; 1999 c.677 §23; 2007 c.409 §16
Nearby Sections
15
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Bluebook (online)
Oregon § 94.685, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/94.685.