§ 36-1-14-1 Donation of proceeds of sale of utility, facility, or gift, conditions; donations after 12/31/15, distribution may be governed by IC 30-2-12; no reduction of property tax levies
§ 36-1-14-1.5 Surplus earnings of municipally owned utilities; donation to local economic development organizations; qualifying municipalities; existing obligations
§ 36-1-14-2 Income from community foundation
§ 36-1-14-3 Investment of proceeds from certain capital assets; establishment of charitable nonprofit foundation; board of trustees; investment powers and limitations; nonvoting advisors
§ 36-1-14-5 Foundation and trust for county hospital sale proceeds

Terms Used In Indiana Code > Title 36 > Article 1 > Chapter 14 - Donations

  • Bequest: Property gifted by will.
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Fiduciary: A trustee, executor, or administrator.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Joint meeting: An occasion, often ceremonial, when the House and Senate each adopt a unanimous consent agreement
  • Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Population: has the meaning set forth in Ind. See Indiana Code 1-1-4-5
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5