{"data":{"id":"us-ok/okla.-stat.-tit.-60-60-526","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 60, § 60-526","heading":"Insurance","body":"The unit owners may, upon resolution of a majority, insure the\n\nproperty against risks, without prejudice to the right of each unit\n\nowner to insure his unit on his own account and for his own benefit.\n\nThe premiums for such insurance on the property shall be deemed\n\ncommon expenses except with respect to the units exempted by the\n\ndeclarant pursuant to subsection (b) of Section 512 of this title in\n\nwhich event the insurance premiums on such units shall be paid by\n\nthe declarant as provided in subsection (b) of Section 512 of this\n\ntitle. The declarant and the council of unit owners may agree by\n\nseparate contract to insure the unconstructed buildings and/or units\n\nunder the same master policy of insurance as the council of unit\n\nowners may have obtained for the property, as their respective\n\ninterests may appear, in which event the portion of the premiums\n\ncharged for insuring said unconstructed buildings and/or\n\nunconstructed units shall be borne by the declarant.","path":["OK Code","Title 60"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os60.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"2d72595259b52e24cf58edd96056df37714c30b46aad7feab90cecce90fbfb0d","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-60-60-525","next":"us-ok/okla.-stat.-tit.-60-60-527"},"notice":"GroundRules: Original legal text. Not legal advice."}