2005 Minnesota Statutes - 515A.2-103 — Construction and validity of declaration and bylaws.

     515A.2-103 Construction and validity of declaration and 
  bylaws.  


    (a) All provisions of the declaration and bylaws are 
 severable. 


    (b) The rule against perpetuities may not be applied to 
 defeat any provision of the declaration or sections 515A.1-101 
 to 515A.4-117, or any instrument executed pursuant to the 
 declaration or sections 515A.1-101 to 515A.4-117. 


    (c) In the event of a conflict between the provisions of 
 the declaration and the bylaws, the declaration prevails except 
 to the extent that the declaration is inconsistent with sections 
 515A.1-101 to 515A.4-117. 


    HIST: 1980 c 582 art 2 s 515.2-103