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Jan and Roy
The reason that insurance was not included in the default bylaws is that the issue of insurance is covered extensively in part 6 of the Regulation. Any broker or agent providing corporate or owner condo insurance should be fully conversant with these requirements.
The link to the Regulation is https://www.qp.alberta.ca/documents/Regs/2000_168.pdf.
A lawyer should be consulted to see if any current bylaw provisions are not