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Indiana Code Title 32. Property § 32-25.5-4-1

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 1. The attorney general may bring an action against a board of a homeowners association or an individual member of a board of a homeowners association if the attorney general finds that any of the following apply:

(1) The association's funds have been knowingly or intentionally misappropriated or diverted by a board member.

(2) A board member has knowingly or intentionally used the board member's position on the board to commit fraud or a criminal act against the association or the association's members.

(3) A proxy was exercised, or was allowed to be exercised, in violation of IC 32-25.5-3-10.

(4) A violation of IC 32-25.5-3-3 has occurred.

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Cite this article: FindLaw.com - Indiana Code Title 32. Property § 32-25.5-4-1 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-32-property/in-code-sect-32-25-5-4-1/

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