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

   1. (1) the articles of incorporation or association;
   2. (2) the bylaws;

   3. (3) any administrative rules adopted under:

      1. (A) the articles of incorporation or association; or
      2. (B) the bylaws; and

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

      1. (A) the declaration; or
      2. (B) the deed to the owner's condominium unit.

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

   1. (1) to recover sums due;
   2. (2) for damages;
   3. (3) for injunctive relief; or

   4. (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.

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

   1. (1) a nonprofit corporation under:

      1. (A) IC 23-7-1.1 (before its repeal August 1, 1991); or
      2. (B) IC 23-17 ; or

   2. (2) an unincorporated association.

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

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