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9-18.5-21-5. Distribution of money by charitable organization

IN Code § 9-18.5-21-5 (2019) (N/A)
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Sec. 5. (a) Representatives of the following nonprofit health organizations shall establish an organization that meets the requirements of subsection (b) for the purpose of receiving money from the Indiana health trust fund:

(1) AIDServe Indiana.

(2) American Cancer Society.

(3) American Heart Association, Indiana Affiliate.

(4) American Lung Association of Indiana.

(5) American Red Cross.

(6) Arthritis Foundation, Indiana Chapter.

(7) Hemophilia of Indiana.

(8) Indiana AIDS Fund.

(9) National Kidney Foundation of Indiana.

(b) An organization established for the purpose of receiving money from the Indiana health trust fund must:

(1) be a charitable organization under Section 501(c) of the Internal Revenue Code;

(2) be registered to do business in Indiana;

(3) be located in Indiana; and

(4) exist for the purpose of raising funds on the behalf of all of the organizations described in subsection (a).

(c) The organization shall distribute the money received under section 4 of this chapter to each of the organizations described in subsection (a).

[Pre-2016 Revision Citation: 9-18-42-5.]

As added by P.L.198-2016, SEC.327.

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9-18.5-21-4. Indiana health trust fund
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