SECTION
30 - MINIMUM INSURANCE: ENTITY PURCHASE
(with Non-Imputation Endorsement)
- An owner's policy
insuring the interest of a person or entity purchasing an interest
in a corporation, partnership or other entity which owns real property
shall not be issued in an amount less than the value of the real property
equivalent to the purchaser's percentage of interest in the entity
owning the real property.
- A TIRSA
Non-Imputation Endorsement must be issued together with such policy.
See Section 25(c)(4).
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