5-20-3-9. Mutual housing association; resident requirements

IN Code § 5-20-3-9 (2019) (N/A)
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Sec. 9. A resident of a mutual housing association:

(1) must participate in the ongoing operation and management of the housing;

(2) must have a right to continue residing in the housing as long as the resident complies with the terms of the occupancy agreement; and

(3) may not possess an equity or ownership interest in the housing.

As added by P.L.69-1989, SEC.3.