Utah Code 57-8-30. Application of insurance proceeds to reconstruction
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Terms Used In Utah Code 57-8-30
- Building: means a building, containing units, and comprising a part of the property. See Utah Code 57-8-3
- Unit: includes one or more rooms or spaces located in one or more floors or a portion of a floor in a building. See Utah Code 57-8-3
In case of fire or any other disaster, the insurance proceeds, if sufficient to reconstruct the building, shall be applied to such reconstruction. Reconstruction of the building, as used in this section and Section