Sec. 8. At least fifteen (15) persons may establish an association for purposes of this chapter if the persons are the owners of the following:

(1) At least fifteen (15) separate parcels of real property.

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Terms Used In Indiana Code 36-9-38-8

(2) At least twenty percent (20%) of the surface area of the real property affected by a proposed improvement under this chapter.

As added by P.L.98-1993, SEC.9.