32-25.5-3-9. Amending Governing Documents; Consents Required
Sec. 9. The governing documents must contain a provision allowing the owners to amend the governing documents at any time, from time to time, subject to the following: (1) The declarant’s consent to an amendment may be required if: (A) the declarant owns one (1) or more units within the subdivision; and (B) not more […]
32-25.5-3-10. Member Meeting Proxies; Requirements; Retention; Methods of Submission
Sec. 10. (a) This section applies to a proxy given by a member of a homeowners association. (b) A proxy that does not comply with this subsection is void. A proxy must include all the following: (1) The name and address of the member giving the proxy. (2) The name of the individual empowered to […]
32-25.5-3-11. Meeting to Appoint or Elect Board Members; Failure to Achieve Quorum; Authority to Enforce Governing Documents
Sec. 11. (a) If: (1) a meeting of a homeowners association is called in accordance with the requirements of the homeowners association’s governing documents, regardless of whether the meeting is: (A) an annual meeting; (B) a special meeting; or (C) any other meeting called by the board or the members; (2) a purpose of the […]
32-25.5-3-5. Borrowing Money; Approval by Members
Sec. 5. (a) This section does not apply to money borrowed by a homeowners association that is needed to: (1) resolve, settle, or otherwise satisfy an act of enforcement against the homeowners association for violating a state or local law; or (2) address an emergency that affects the public health, safety, or welfare. (b) A […]
32-25.5-3-6. Repealed
As added by P.L.167-2009, SEC.2. Repealed by P.L.141-2015, SEC.9.
32-25.5-3-7. Member Voting Rights
Sec. 7. A homeowners association may not suspend the voting rights of a member for nonpayment of any assessments unless: (1) the governing documents provide for suspension; and (2) the assessments are delinquent for more than six (6) months. As added by P.L.167-2009, SEC.2.
32-25.5-3-8. Repealed
As added by P.L.49-2011, SEC.2. Repealed by P.L.141-2015, SEC.10.
32-25.5-3-1. Roster of Members; Member Addresses
Sec. 1. (a) A homeowners association shall maintain: (1) a current roster of all members of the association; and (2) the mailing address and legal description for each member of the association. (b) The homeowners association shall also maintain any electronic mail addresses or facsimile (fax) numbers of those members who have consented to receive […]
32-25.5-3-2. Special Meetings
Sec. 2. (a) In addition to any other meeting held by a board, a board shall hold a special meeting of the members of a homeowners association if at least ten percent (10%) of the members of the homeowners association submit to the board at least one (1) written demand for the special meeting that: […]
32-25.5-3-3. Annual Budget; Budget Meeting; Budget Approval; Records Available to Members; Right of Members to Attend Board Meetings; Communications Not Subject to Disclosure; Records Retention; Search Fees
Sec. 3. (a) A homeowners association shall prepare an annual budget. (b) The annual budget must reflect: (1) the estimated revenues and expenses for the budget year; and (2) the estimated surplus or deficit as of the end of the current budget year. (c) The homeowners association shall provide each member of the homeowners association […]