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Ind. Code § 27-11-5-2

Operation of not-for-profit institutions

Indiana · Indiana Code Title 27 — Insurance · Status: effective

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Ind. Code § 27-11-5-2, Operation of not-for-profit institutions, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1664698
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Sec. 2. A society may create, maintain, and operate or may establish organizations to operate not-for-profit institutions to further the purposes permitted by IC 27-11-2-3. Such institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held, or leased by the society for this purpose shall be reported in every annual statement.