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Sec. 2. A unit may use income received under this chapter from a community foundation only for purposes of the unit. As added by P.L.313-1995, SEC.1.
Structure Indiana Code
Indiana Code
Title 36. Local Government
Article 1. General Provisions
Chapter 14. Donations
36-1-14-1. Donation of Proceeds of Sale of Utility, Facility, or Gift, Conditions; Donations After 12/31/15, Distribution May Be Governed by Ic 30-2-12; No Reduction of Property Tax Levies
36-1-14-1.5. Surplus Earnings of Municipally Owned Utilities; Donation to Local Economic Development Organizations; Qualifying Municipalities; Existing Obligations
36-1-14-2. Income From Community Foundation
36-1-14-3. Investment of Proceeds From Certain Capital Assets; Establishment of Charitable Nonprofit Foundation; Board of Trustees; Investment Powers and Limitations; Nonvoting Advisors
36-1-14-4. Repealed
36-1-14-5. Foundation and Trust for County Hospital Sale Proceeds