Indiana Code 16-21-9-3. “Nonprofit hospital” defined
Current as of: 2023 | Check for updates
|
Other versions
Sec. 3. As used in this chapter, “nonprofit hospital” means a hospital that is organized as a nonprofit corporation or a charitable trust under Indiana law or the laws of any other state or country and that is:
(2) exempt from state or local taxes.
(1) eligible for tax exempt bond financing; or
Terms Used In Indiana Code 16-21-9-3
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
As added by P.L.94-1994, SEC.17.