Indiana Code 6-3.1-30.5-3. “Scholarship granting organization”
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Sec. 3. As used in this chapter, “scholarship granting organization” refers to an organization that:
(2) conducts a school scholarship program without limiting the availability of scholarships to students of only one (1) participating school (as defined in IC 20-51-1-6).
(1) is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code; and
Terms Used In Indiana Code 6-3.1-30.5-3
- school scholarship program: refers to a scholarship program certified by the department of education under IC 20-51. See Indiana Code 6-3.1-30.5-4
As added by P.L.182-2009(ss), SEC.205. Amended by P.L.92-2011, SEC.2.