Download as PDF
IC 32-25.5-2
Chapter 2. Definitions
IC 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.
IC 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.
IC 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 conditions and
restrictions (or similarly titled document), or contained within
a plat.
As added by P.L.167-2009, SEC.2. Amended by P.L.141-2015,
SEC.7.
IC 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, repair, maintain, or engage in
construction on or in the land and improvements on the land
related to the use of the dwellings owned by the members of
the corporation or entity;
(B) purchase insurance to cover a casualty or an activity on
or in the land and improvements on the land;
(C) engage in an activity incidental to an activity described
in clause (A) or (B); or
(D) engage in more than one (1) of the activities described in
clauses (A) through (C); and
(3) may be governed by a board that serves the purpose of
setting policy and controlling or otherwise overseeing the
Indiana Code 2015
activities or functional responsibilities of the corporation or
entity.
As added by P.L.167-2009, SEC.2.
IC 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.
Indiana Code 2015
Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
