Indiana § 32-32-3-5 - Requirements of membership agreement

Full text of Indiana Indiana Code § 32-32-3-5 — Requirements of membership agreement, with citation guidance and answers to common questions.

§ 32-32-3-5. Requirements of membership agreement

Sec. 5. A time share project and camping club project must be created by a time share instrument or camping club membership agreement. The membership agreement must include the following provisions:

(1) A legal description of the time share project or camping club project that transfers an interest in real property.

(2) The name and location of the time share project or camping club project.

(3) A system of identification of the time periods assigned to time shares by letter, name, number, or any combination of letters, names, or numbers.

(4) Provisions for assessment of the expenses of the time share project or camping club project and an allocation of those expenses among the time share participants or camping club members.

(5) A procedure to add units to the time share project or camping club project.

(6) Provisions for maintenance of the time share units or camp sites.

(7) Provisions for management of the time share project or camping club project.

(8) A procedure to amend the time share instrument or the camping club membership agreement.

(9) A description of the rights of the purchaser relating to the occupancy of the time share unit or camping site.

[Pre-2002 Recodification Citation: 24-5-9-26.]

As added by P.L.2-2002, SEC.17.

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 32-32-3-5

What does Indiana Code § 32-32-3-5 cover?

Section 32-32-3-5 ("Requirements of membership agreement") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Indiana § 32-32-3-5?

A common citation format is "Indiana Code § 32-32-3-5" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Indiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.

How does Indiana § 32-32-3-5 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.