Indiana Statutes
§ 4-23-7.1-42 — State library foundation; board
Indiana § 4-23-7.1-42
This text of Indiana § 4-23-7.1-42 (State library foundation; board) 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 § 4-23-7.1-42 (2026).
Text
(a)The board may establish a foundation
that is organized as a nonprofit corporation that is exempt from federal
income taxation under Section 501(c)(3) of the Internal Revenue Code
to solicit and accept private funding, gifts, donations, bequests, devises,
and contributions. The board may transfer private funding, gifts,
donations, bequests, devises, and contributions intended for the state
library that are in the state treasury into the foundation.
(b)A foundation established under this section:
(1)shall use money received under subsection (a) to:
(A)support the state library and libraries in the state; and
(B)carry out the purposes and programs under this chapter; and
(2)may deposit money received under subsection (a) in an
account or fund that is:
(A)administered by the foundati
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Legislative History
As added by P.L.47-2011, SEC.1. Amended by P.L.91-2014,
SEC.3.
Nearby Sections
15
§ 4-1-1-1
Dates beginning and ending§ 4-1-1-2
Reports to governor§ 4-1-10-1
Applicability§ 4-1-10-1.5
"Person"§ 4-1-10-11
Attorney general investigation of disclosures; notice to county
prosecutor and state police§ 4-1-10-12
Attorney general determination of infraction; report to appointing
authority and county prosecutor§ 4-1-10-13
Attorney general rulemaking authority§ 4-1-10-2
"State agency"§ 4-1-10-3
Nondisclosure of Social Security number§ 4-1-10-6
State agency complianceCite This Page — Counsel Stack
Bluebook (online)
Indiana § 4-23-7.1-42, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/4-23-7.1-42.