223 chapters · 1,791 sections in this title.
Ind. Code § 32-25-8-1 Bylaws; administration of property
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Sec. 1. The administration of every property is governed by bylaws. A true copy of the bylaws shall be annexed to and made a part of the declaration. A modification of or amendment to the bylaws is valid only if: (1) the modification or amendment is set forth in an amendment to t…
Ind. Code § 32-25-8-10 Insurance; reconstruction of building
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Sec. 10. (a) In case of fire or any other casualty or disaster, other than complete destruction of all buildings containing the condominium units: (1) the improvements shall be reconstructed; and (2) the insurance proceeds shall be applied to reconstruct the improvements. (b) In …
Ind. Code § 32-25-8-11 Insurance; reconstruction of building; insufficient proceeds
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Sec. 11. (a) If: (1) the: (A) improvements are not insured; or (B) insurance proceeds are not sufficient to cover the cost of repair or reconstruction; and (2) the property is not to be removed from the condominium; the co-owners shall contribute the balance of the cost of repair…
Ind. Code § 32-25-8-12 Determination not to rebuild after casualty or disaster
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Sec. 12. The following apply if, under section 10 of this chapter, it is not determined by the co-owners to rebuild after a casualty or disaster has occurred: (1) The property is considered to be owned in common by the condominium unit owners. (2) The undivided interest in the pr…