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4-32.3-2-20. "Indiana affiliate"

IN Code § 4-32.3-2-20 (2019) (N/A)
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Sec. 20. "Indiana affiliate" refers to either of the following:

(1) An Indiana chapter or other subdivision of a bona fide national organization that:

(A) operates without profit to the organization's members; and

(B) is exempt from taxation under Section 501 of the Internal Revenue Code.

(2) An association, whether incorporated or not, or a committee of Indiana residents authorized by a bona fide national foundation to conduct allowable activities and other fundraising events for the benefit of the bona fide national foundation.

As added by P.L.58-2019, SEC.4.

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