Ind. Code § 27-11-5-2

Current through P.L. 171-2024
Section 27-11-5-2 - Operation of not-for-profit institutions

A society may create, maintain, and operate or may establish organizations to operate not-for-profit institutions to further the purposes permitted by IC 27-11-2-3. Such institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held, or leased by the society for this purpose shall be reported in every annual statement.

IC 27-11-5-2

As added by P.L. 262-1985, SEC.1.