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.
Structure Arkansas Code
Chapter 13 - Horizontal Property Act
§ 18-13-103. Establishment of horizontal property regimes
§ 18-13-105. Plans to be attached to master deed
§ 18-13-106. Additional units in excess of those described in master deed
§ 18-13-107. Waiver and reestablishment of regimes
§ 18-13-109. Modification of administration
§ 18-13-110. Book of receipts and expenditures — Examination
§ 18-13-111. Status of individual units
§ 18-13-112. Ownership and valuation of separate units and common elements
§ 18-13-113. Types of joint ownership
§ 18-13-116. Liability for expenses and assessments
§ 18-13-117. Insurance generally
§ 18-13-118. Application of insurance proceeds to reconstruction
§ 18-13-119. Sharing of reconstruction costs when building not insured or indemnity insufficient