Indiana Statutes

§ 30-4-10-8 — "Charitable organization"

Indiana·Art. 4 TRUST CODE·Ch. 10 Uniform Trust Decanting Act

As used in this chapter, "charitable organization" means:

(1)a person, other than an individual, organized and operated exclusively for a charitable purpose; or
(2)a government or governmental subdivision, agency, or instrumentality to the extent it holds funds exclusively for a charitable purpose.

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Legislative History

As added by P.L.161-2022, SEC.3.

Nearby Sections

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