Sec. 100204. AVAILABILITY OF INSURANCE FOR MULTIFAMILY PROPERTIES
167 words·~1 min read·
/statute-compilations/comps-10008/sec-100204A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 100204 AVAILABILITY OF INSURANCE FOR MULTIFAMILY PROPERTIES Section 1305 of the National Flood Insurance Act of 1968 (42 U.S.C. 4012) is amended— ####
(1)in subsection (b)(2)(A), by inserting “not described in subsection
(a)or (d)” after “properties”; and ####
(2)by adding at the end the following: > > ### “(d) Availability of Insurance for Multifamily Properties > > > #### “(1) In general > > The Administrator shall make flood insurance available to cover residential properties of 5 or more residences. Notwithstanding any other provision of law, the maximum coverage amount that the Administrator may make available under this subsection to such residential properties shall be equal to the coverage amount made available to commercial properties. > > > #### “(2) Rule of construction > > Nothing in this subsection shall be construed to limit the ability of individuals residing in residential properties of 5 or more residences to obtain insurance for the contents and personal articles located in such residences.” > .
Connectionstraces to 1
Traces to 1 document
U.S. Code
Citation graph
cites case law
Sec. 100204
AVAILABILITY OF INSURANCE FOR MULTIFAMILY PROPERTIES
Cites 1Cited by 0 across 0 sources