CHAPTER 2. DEFINITIONS
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:
(1) the articles of incorporation and bylaws of a homeowners
association and all adopted amendments to the articles of
incorporation and bylaws; and
(2) any applicable declaration of plat.
As added by P.L.167-2009, SEC.2.
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
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.