If substantially all the units in a common interest community have been destroyed or are uninhabitable and the available methods for giving notice for a meeting of unit owners to consider termination under § 81-218 of this title will not likely result in receipt of the notice, the executive board or any other interested person may commence an action in the Court of Chancery of the State of Delaware seeking to terminate the common interest community. During the pendency of the action, the Court may enter whatever orders it considers appropriate, including appointment of a receiver. After a hearing, the court may terminate the common interest community or reduce its size and may enter into any other order the court considers to be in the best interest of the unit owners and persons holding an interest in the common interest community.
Structure Delaware Code
Chapter 81. DELAWARE UNIFORM COMMON INTEREST OWNERSHIP ACT
Subchapter II. Creation, Alteration, and Termination of Common Interest
§ 81-201. Creation of common interest communities.
§ 81-203. Construction and validity of declaration and bylaws.
§ 81-204. Description of units.
§ 81-205. Contents of declaration.
§ 81-206. Leasehold common interest communities.
§ 81-207. Allocation of allocated interests.
§ 81-208. Limited common elements.
§ 81-210. Exercise of development rights.
§ 81-211. Alterations of units.
§ 81-212. Relocation of unit boundaries.
§ 81-213. Subdivision of units.
§ 81-214. Variations in boundaries.
§ 81-215. Use for sales purposes.
§ 81-217. Amendment of declaration.
§ 81-218. Termination of common interest community.
§ 81-219. Rights of secured lenders.
§ 81-220. Master associations.
§ 81-221. Merger or consolidation of common interest communities.
§ 81-222. Addition of unspecified real estate.
§ 81-223. Master planned communities.