Indiana Code 15-14-1-6. Authority to receive gifts; intent
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Sec. 6. Real or personal property may be:
(2) devised; or
(1) bequeathed;
Terms Used In Indiana Code 15-14-1-6
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(3) given;
to a corporation incorporated under this chapter by will if the corporation name is stated or the purpose for the transfer leaves no reasonable doubt as to the corporation or purpose for which the transfer was intended.
[Pre-2008 Recodification Citation: 15-1-2-6 part.]
As added by P.L.2-2008, SEC.5.