Sort of. In general, federal law is made supreme by the Constitution. There can be complexities when interpreting supremacy, because courts have various doctrines (such as abstention) when sometimes it can seem like state law is more important, or that state law influences how federal law is applied. Generally, the next most important is state law, followed by local statutes (City and County Codes, for example). But, there can be confounding issues here too. There are multiple (sometimes conflicting) principles that can be argued to decide which statute is more important, if they conflict. Among governing documents, a plat or plan can be the most important, followed by the declaration (also known, e.g., as CCRs or deed restrictions), which is more powerful than the the articles of incorporation (AKA certificate of formation), which is more powerful than the bylaws, which are more powerful than rules. But, there is at least one circumstance where bylaws can be more important (concerning the number of directors) than the articles of incorporation (because of state law).
Unfortunately, the more difficult question can be to determine whether there is a conflict between laws (including common law) and/or governing documents. The alternative is that, in some cases, the courts try to harmonize potentially conflicting laws and/or governing documents. Some laws have limited applicability (determined either by geography or time of creation). Also, lack of clarity is a significant part of what gives lawyers work, and often the resolution of disputes depends on how courts interpret whether there is ambiguity, conflict, or some or issue affecting different interpretations. Ultimately, the resolution of disputes often cannot be determined by abstract application of general principles, but instead depends on facts and circumstances involved.