Application settings in dll.config

[Umesh G. _]

Is the dll.config file similar to the web.config or the exe.config files where in when we make changes to any of these config files we don't have to recompile the web or the windows app and from the next request the new settings are picked up.

My question is will the dll.config file behave in the similar manner, I have added application settings in my class library project which is referenced in my web application.

Thanks.

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