Sec. 6. The money, property, or income owned or held by a memorial corporation organized under this chapter may not be owned, held, or used to promote the interest or teachings of a specific church, sect, school, or creed. However, the memorial corporation may not discriminate against an individual or organization because of religious beliefs.
[Pre-2003 Recodification Citation: 10-7-12-6.]
As added by P.L.2-2003, SEC.9.
Structure Indiana Code
Chapter 7. Memorial Corporations
10-18-7-3. Officers; Treasurer's Bond; Election of Officers; Corporation's Books
10-18-7-5. Authority to Hold and Manage Funds in Trust; Trusts Created by Will
10-18-7-6. Nonsectarian and Nondiscriminatory Requirements
10-18-7-7. Issuing Stock; Stock Transfer; Canceled Stock
10-18-7-8. Board of Trustees' Duties
10-18-7-9. Perpetual Existence; Stock and Property Not Taxable