Sec. 23. (a) As used in this section, "fiscal body" has the meaning set forth in IC 36-1-2-6.
(b) The fiscal body of a city maintaining a memorial under this chapter may by ordinance authorize the sale or donation of the memorial to an organization that is exempt from federal income taxation under Section 501(c)(3) or 501(c)(19) of the Internal Revenue Code. An organization that acquires a memorial under this section shall continue to operate and maintain the property as a memorial. Ownership of the memorial reverts to the city if the acquiring organization:
(1) determines that it is unable to continue operating the property as a memorial; or
(2) is dissolved or otherwise ceases to exist.
As added by P.L.6-2017, SEC.4.
Structure Indiana Code
10-18-4-1. "Board of Public Works"
10-18-4-2. Authority to Erect Memorials; City Authority to Erect Memorials Jointly
10-18-4-3. Appropriations; Limitation
10-18-4-4. Real Property Acquisition; Law Governing Contracts
10-18-4-5. Appropriations; Bonds; Loans
10-18-4-6. Taxes Levied for Bonds; World War Memorial Bond Fund; Sinking Fund
10-18-4-8. Changes to Designs, Plans, and Specifications
10-18-4-9. Architect's Bond and Compensation
10-18-4-10. Contracts; Publication of Notice; Bonds and Sureties
10-18-4-11. Joint City and County Contracts; City Bonds
10-18-4-12. Boards of Trustees for Joint City and County Memorials
10-18-4-14. Joint Real Estate Acquisitions for State Memorial
10-18-4-15. Memorial Use and Rental
10-18-4-16. Donations, Gifts, Devises, and Bequests
10-18-4-17. Real Property and Improvements; Use and Sale; World War Memorial
10-18-4-18. Alternative Procedure for Issuing Bonds
10-18-4-19. Powers and Duties of Board of Public Works and Board of Trustees
10-18-4-20. No Authority for Injunctions
10-18-4-21. Property Exempt From Taxation
10-18-4-22. Implementing Ordinance; Continuing Rights and Powers; Appeals