5203 - Construction and validity of declaration and bylaws.
§ 5203. Construction and validity of declaration and bylaws. (a) Provisions severable.--All provisions of the declaration and bylaws are severable. (b) Applications of rule against perpetuities.--The rule against perpetuities may not be applied to defeat any provision of the declaration or this subpart or any instrument executed pursuant to the declaration or this subpart. (c) Conflict between declaration and bylaws.--If there is a conflict between the declaration and the bylaws, the declaration shall prevail except to the extent the declaration is inconsistent with this subpart. (d) Effect of noncompliance on title to unit.--Title to a unit and its appurtenant votes in the association shall not be rendered unmarketable or otherwise affected by any provision of unrecorded bylaws or by reason of an insubstantial failure of the declaration to comply with this subpart. Cross References. Section 5203 is referred to in section 5102 of this title.