Ind. Code § 31-26-4.5-9

Current through P.L. 171-2024
Section 31-26-4.5-9 - Establishment; nonprofit subsidiary corporation

The department may establish a nonprofit subsidiary corporation that is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code to solicit and accept private funding, gifts, donations, bequests, devises, and contributions.

IC 31-26-4.5-9

Added by P.L. 59-2022,SEC. 2, eff. 7/1/2022.