Indiana Code 10-18-6-1. Requirements; purposes
(1) The association must be formed by at least three (3) individuals who:
Terms Used In Indiana Code 10-18-6-1
- United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
(B) are residents of Indiana.
(2) The association must have written articles of association that comply with the requirements under this chapter.
(3) The association must be formed for any of the following purposes:
(A) To acquire, own, maintain, and administer homes, assembly halls, or schools.
(B) To provide care, protection, education, and general welfare for indigent and helpless soldiers, sailors, marines, or nurses who served in the military or naval forces of the United States and their widows, orphans, half-orphans, and other soldiers, sailors, or marines.
(4) The association must be formed for charitable and educational purposes and operated as a nonprofit association.
[Pre-2003 Recodification Citation: 10-7-11-1.]
As added by P.L.2-2003, SEC.9.