Indiana Statutes

§ 20-51-1-7 — "Scholarship granting organization"

Indiana·Title 20 EDUCATION·Art. 51 SCHOOL SCHOLARSHIPS·Ch. 1 Definitions

"Scholarship granting organization" refers to an organization that:

(1)is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code; and
(2)is organized at least in part to grant school scholarships without limiting the availability of scholarships to students of only one (1) participating school.

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Legislative History

As added by P.L.182-2009(ss), SEC.364. Amended by P.L.92-2011, SEC.7.

Nearby Sections

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