Indiana Statutes

§ 4-24-2-6 — Unacceptable gifts

Indiana·Art. 24 INSTITUTIONS─GENERAL PROVISIONS·Ch. 2 Gifts; Acceptance and Return of Annuity to Donor
An institution may not be the recipient of a gift, whether on the payment of an annuity or otherwise, that pledges the institution to perform any acts other than acts that the institution is authorized by law to perform. [Pre-2007 Higher Education Recodification Citation: 4-24-2-6 part.] Formerly: Acts 1917, c.20, s.6. As amended by P.L.2-2007, SEC.59.

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