Insurance
- Statute:
- Louisiana §9:1123.112 · Part CONDO (Louisiana Condominium Act (La. R.S. 9:1121.101 et seq.))
- Topic:
- Insurance · Master policy
- Applies to:
- Condo associations
Starting no later than the first conveyance to a non-declarant, the association must carry property insurance on common elements and units (not owner betterments) at not less than 80 percent of actual cash value after deductibles, plus CGL. Rebuild unless the condominium is terminated, repair is illegal, or 80 percent of unit owners (or the declaration's other percentage) vote not to. Cancel only after 30 days' mailed notice.
📄 Read the official text at legis.la.gov →
How SoShiny helps with Insurance
SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees.
See the feature → Start freeFrequently asked
- What does Louisiana §9:1123.112 require?
- Starting no later than the first conveyance to a non-declarant, the association must carry property insurance on common elements and units (not owner betterments) at not less than 80 percent of actual cash value after deductibles, plus CGL. Rebuild unless the condominium is terminated, repair is illegal, or 80 percent of unit owners (or the declaration's other percentage) vote not to. Cancel only after 30 days' mailed notice.
- Who does Louisiana §9:1123.112 apply to?
- Louisiana §9:1123.112 applies to Condo associations in Louisiana.
- What happens if our condo doesn't comply with §9:1123.112?
- Non-compliance can expose the association and individual directors to disputes in the governing forum for Louisiana community associations. SoShiny's audit trail and documented workflows are designed to demonstrate good-faith compliance.
- Where can I read the official text of Louisiana §9:1123.112?
- The official text is published by the Louisiana State Legislature at legis.la.gov. The summary on this page is for plain-English reference only and is not legal advice.
- How does SoShiny help with Insurance?
- SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees. Learn more →
Not legal advice. This page is a plain-English summary of Louisiana §9:1123.112 prepared by SoShiny for board members and managers. For binding legal advice or interpretation, consult a Louisiana-licensed attorney. For the official statutory text, see the link above.
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