Sec. 9. A resident of a mutual housing association:

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

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Terms Used In Indiana Code 5-20-3-9

  • mutual housing association: refers to a corporation established under section 4 of this chapter. See Indiana Code 5-20-3-3
(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.