Compliance With Articles, Bylaws, Covenants, etc.; Organization of Co-Owners

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Sec. 1. (a) Each condominium unit owner shall comply with:

(1) the articles of incorporation or association;

(2) the bylaws;

(3) any administrative rules adopted under:

(A) the articles of incorporation or association; or

(B) the bylaws; and

(4) the covenants, conditions, and restrictions set forth in:

(A) the declaration; or

(B) the deed to the owner's condominium unit.

(b) Failure to comply as required under subsection (a) is grounds for an action:

(1) to recover sums due;

(2) for damages;

(3) for injunctive relief; or

(4) for any other legal or equitable relief;

maintainable by the manager or board of directors on behalf of the association of co-owners or by an aggrieved co-owner.

(c) The association of co-owners may be organized as:

(1) a nonprofit corporation under:

(A) IC 23-7-1.1 (before its repeal August 1, 1991); or

(B) IC 23-17; or

(2) an unincorporated association.

[Pre-2002 Recodification Citation: 32-1-6-8.]

As added by P.L.2-2002, SEC.10.


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