Indiana Code 16-23.5-1-8. “Gift”
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Terms Used In Indiana Code 16-23.5-1-8
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
Sec. 8. “Gift”, for purposes of IC 16-23.5-5, refers to the gift of William H. Coleman described in IC 16-23.5-5-1.
[2007 Higher Education Recodification Citation: New.]
As added by P.L.2-2007, SEC.191.