SB 805: RELATING TO CONDOMINIUM INSURANCE.
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2025-02-12
Current Status:
In Progress
(2025-12-08: Carried over to 2026 Regular Session.)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Version:
Establishes
the Hawaii Condominium Mutual Insurance Company to provide property and
casualty insurance to high-rise residential condominium associations and the
owners of those units. Requires reports
to the Governor. Establishes the
Condominium Loan Fund to assist associations of apartment owners experiencing
increased insurance costs. Appropriates funds. Effective 7/1/2050. (SD1)