Indiana Statutes

§ 27-11-5-2 — Operation of not-for-profit institutions

Indiana·Title 27 INSURANCE·Art. 11 FRATERNAL BENEFIT SOCIETIES·Ch. 5 Governance
A society may create, maintain, and operate or may establish organizations to operate not-for-profit institutions to further the purposes permitted by IC 27-11-2-3. Such institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held, or leased by the society for this purpose shall be reported in every annual statement.

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Legislative History

As added by P.L.262-1985, SEC.1.

Nearby Sections

15
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