32-25.5-5-4. “Exempt Claim”
Sec. 4. As used in this chapter, “exempt claim” refers to any of the following claims or actions: (1) A claim by the homeowners association for assessments or dues and any action by the association to collect assessments or dues. (2) An action by a party to obtain a temporary restraining order or equivalent emergency […]
32-25.5-1-1. Applicability
Sec. 1. (a) Subject to subsection (b), this article applies to the following: (1) A homeowners association established after June 30, 2009, that is authorized to impose mandatory dues on the homeowners association’s members. (2) A homeowners association established before July 1, 2009: (A) if a majority of the members of the homeowners association elect […]
32-25.5-2-1. Applicability
Sec. 1. The definitions in this chapter apply throughout this article. As added by P.L.167-2009, SEC.2.
32-25.5-2-2. “Board”
Sec. 2. “Board” refers to the board of directors of a homeowners association. As added by P.L.167-2009, SEC.2.
32-25.5-2-3. “Governing Documents”
Sec. 3. “Governing documents” includes the following: (1) The articles of incorporation and bylaws of a homeowners association and all adopted amendments to the articles of incorporation and bylaws. (2) Any applicable covenants filed with the office of the county recorder of the applicable county recorder, whether contained in a declaration of covenants, contained in […]
32-25.5-2-4. “Homeowners Association”
Sec. 4. “Homeowners association” means a corporation or another entity that: (1) is organized and operated exclusively for the benefit of two (2) or more persons who each own a dwelling in fee simple; (2) acts, in accordance with the articles, bylaws, or other documents governing the corporation or entity, to: (A) acquire, transfer, manage, […]
32-25.5-2-5. “Subdivision”
Sec. 5. “Subdivision” means the division of a parcel of land into lots, parcels, tracts, units, or interests in the manner defined and prescribed by a subdivision control ordinance adopted by a legislative body under IC 36-7-4. As added by P.L.167-2009, SEC.2.
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 […]