Sec. 1. Any state charitable or benevolent institution for the use of such institutions may receive gifts, bequests, and devises of real or personal property, or both, for the aid or maintenance of any such institution, under the provisions and safeguards under this chapter. Formerly: Acts 1945, c.177, s.1. As amended by P.L.136-2018, SEC.12.
Sec. 2. Acceptance of any such gifts, bequests and devises of real or personal property, or both, may be made by the executive officers of the institution benefited; but the failure of such officers to make such acceptance at any time shall not invalidate or affect the gift, bequest, and devise, it being deemed that […]
Sec. 3. No acceptance shall be so made as to create an indebtedness against the state of Indiana or any of its agencies; nor shall any acceptance which has been deemed to have taken place, as provided in section 2 of this chapter, operate to create such an indebtedness. Formerly: Acts 1945, c.177, s.3. As […]
Sec. 4. (a) Any funds or other property received as provided in this chapter shall be subject to all other statutes applying to similar funds or property, including the right to sell as provided in this chapter, unless such right is prohibited under the terms of such gift, bequest, or devise. (b) Property acquired under […]
Formerly: Acts 1945, c.177, s.5. As amended by P.L.5-1984, SEC.189. Repealed by P.L.1-1989, SEC.75.
Sec. 6. This chapter shall be deemed supplementary to any other statutes of the state of Indiana for the acceptance of gifts, trusts, devises, and bequests and does not apply to state educational institutions. Formerly: Acts 1945, c.177, s.6. As amended by P.L.5-1984, SEC.190; P.L.2-2007, SEC.61.
