Unit owners, by means of agreement of those who represent the majority, may ensure the building against risks to cover general common, public, and limited areas, as well as other risks in behalf of all unit owners, without prejudice to the right of each to ensure their unit singly and in their own behalf. The unit owner who owns a particular insurance for his own unit, or who has paid his/her mortgage in full shall not be exempted from the payment of the proportional part of any common insurance adopted by the Condominium Association.All unit owners may request the inspection of the documents pertaining to common insurance from the Board of Directors. The Board of Directors may substitute the insurance agent or broker, if the coverages and conditions of the new insurance policy are the same, or of broader reach and benefit, and at the same or less cost than the insurance policy in effect at the time of such a change, notifying the Condominium Association of the same immediately. History —June 25, 1958, No. 104, p. 243, § 43; June 4, 1976, No. 157, p. 461, § 10; Apr. 5, 2003, No. 103, § 35, eff. 90 days after Apr. 5, 2003.