Indiana Statutes

§ 14-12-1-9 — Purpose of foundation

Indiana § 14-12-1-9
JurisdictionIndiana
Art. 12STATE RESOURCE DEVELOPMENT
Ch. 1Indiana Natural Resources Foundation

This text of Indiana § 14-12-1-9 (Purpose of foundation) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 14-12-1-9 (2026).

Text

(a)The exclusive purpose of the foundation is to acquire real and personal property to be donated under subsection
(b).
(b)The foundation may donate real and personal property to the following:
(1)The department, subject to subsection (c).
(2)Any unit of local government.
(c)The foundation must have the approval of the director to donate real or personal property to the state. [Pre-1995 Recodification Citations: 14-3-17-8; 14-3-17-15.]

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Legislative History

As added by P.L.1-1995, SEC.5.

Nearby Sections

15
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Bluebook (online)
Indiana § 14-12-1-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/14-12-1-9.