Indiana Code 16-23.5-5-2. Administration
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Sec. 2. The board of trustees:
(2) shall administer the affairs of the hospital in accordance with the terms and conditions imposed by the donor of the gift.
(1) may accept the control and management of the gift; and
Terms Used In Indiana Code 16-23.5-5-2
- Donor: The person who makes a gift.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
[Pre-2007 Higher Education Recodification Citation: 20-12-31.5-2.]
As added by P.L.2-2007, SEC.191.