Sec. 8. (a) The manager or board of directors shall keep detailed, accurate records in chronological order of the receipts and expenditures affecting the common areas and facilities, specifying and itemizing:
(1) the maintenance and repair expenses of the common areas and facilities; and
(2) any other expenses incurred.
(b) The records and the vouchers authorizing the payments shall be available for examination by the co-owners at convenient hours of weekdays.
[Pre-2002 Recodification Citation: 32-1-6-27.]
As added by P.L.2-2002, SEC.10.
Structure Indiana Code
Chapter 8. Administration of Condominiums
32-25-8-1. Bylaws; Administration of Property
32-25-8-3. Recording Instruments; Indexes
32-25-8-4. Sales and Management Offices; Model Units
32-25-8-5. Alteration or Structural Changes; Impairing Easements or Hereditaments
32-25-8-6. Common Profits and Expenses
32-25-8-7. Taxes, Assessments, and Charges
32-25-8-9. Insurance; Co-Owners
32-25-8-10. Insurance; Reconstruction of Building
32-25-8-11. Insurance; Reconstruction of Building; Insufficient Proceeds
32-25-8-12. Determination Not to Rebuild After Casualty or Disaster
32-25-8-13. Expandable Condominiums; Addition of Real Estate
32-25-8-14. Contractable Condominiums; Withdrawal of Land