Section 4-32.3-2-9 - "Bona fide out-of-state charitable organization" "Bona fide out-of-state charitable organization" refers to an organization that:
(1) operates without profit to the organization's members;(2) is exempt from taxation under Section 501 of the Internal Revenue Code;(3) has a constitution, articles, charter, or bylaws that contain a clause that provides that upon dissolution all remaining assets shall be used for the nonprofit's stated purposes; and(4) is otherwise ineligible to obtain a charity gaming license in Indiana.Added by P.L. 58-2019,SEC. 4, eff. 7/1/2019.