Indiana Statutes
§ 23-2-4-12 — Entrance fees; use
Indiana § 23-2-4-12
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 2SECURITIES AND FRANCHISES
Ch. 4Supervision of Continuing Care Contracts
This text of Indiana § 23-2-4-12 (Entrance fees; use) 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 § 23-2-4-12 (2026).
Text
Any money or property received by a provider
as an entrance fee to a continuing care retirement community
constructed or purchased after August 31, 1982, or any income earned
thereon, may be used by the provider only for purposes directly related
to the construction, maintenance, or operation of that particular
continuing care retirement community. A continuing care retirement
community in operation on September 1, 1982, may not use the
entrance fees or income earned thereon after August 31, 1982, for the
construction, operation, or maintenance of another continuing care
retirement community constructed or purchased after August 31, 1982.
As added by Acts 1982, P.L.145, SEC.1. Amended by
P.L.153-2009, SEC.11.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 23-2-4-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-2-4-12.