Sec. 5. All annuities provided in connection with a gift are free of all taxation within Indiana.
[Pre-2007 Higher Education Recodification Citation: 4-24-2-5.]
As added by P.L.2-2007, SEC.271.
Structure Indiana Code
Article 30. State Educational Institutions: Donations; Gifts, Bequests, and Devises
Chapter 2. Gift Annuities; Restrictions on Gifts; Gifts for a Permanent Endowment
21-30-2-1. Power to Accept Gifts
21-30-2-2. Annuity Gifts; Conditions
21-30-2-3. Determination of Gift Value
21-30-2-4. Security of Payment of Annuities