381.9129 Construction and validity of declaration and bylaws. (1) All provisions of the declaration and bylaws are severable. (2) The rule against perpetuities shall not be applied to defeat any provision of the declaration, bylaws, rules, or regulations adopted pursuant to KRS 381.9167. (3) In the event of a conflict between the provisions of the declaration and the bylaws, the declaration prevails except to the extent the declaration is inconsistent with KRS 381.9101 to 381.9207. (4) Title to a unit and common elements is not rendered unmarketable or otherwise affected by reason of an insubstantial failure of the declaration to comply with KRS 381.9101 to 381.9207. Effective: January 1, 2011 History: Created 2010 Ky. Acts ch. 97, sec. 15, effective January 1, 2011.
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