Sec. 9. (a) The exclusive purpose of the foundation is to acquire real and personal property to be donated under subsection (b).
(b) The foundation may donate real and personal property to the following:
(1) The department, subject to subsection (c).
(2) Any unit of local government.
(c) The foundation must have the approval of the director to donate real or personal property to the state.
[Pre-1995 Recodification Citations: 14-3-17-8; 14-3-17-15.]
As added by P.L.1-1995, SEC.5.
Structure Indiana Code
Title 14. Natural and Cultural Resources
Article 12. State Resource Development
Chapter 1. Indiana Natural Resources Foundation
14-12-1-2. "Political Subdivision" Defined
14-12-1-4. Creation of Foundation
14-12-1-8. Director as Advisor to Foundation
14-12-1-9. Purpose of Foundation
14-12-1-10. Powers of Foundation
14-12-1-11. Establishment of Fund
14-12-1-11.1. Establishment and Administration of Forest Restoration Fund