Indiana Code 20-22-3-12. Partnering with nonprofit corporations
Current as of: 2024 | Check for updates
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Sec. 12. Subject to the approval of the board, the school may partner with an existing nonprofit corporation that is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code to benefit the purposes of the school, which may include, but is not limited to, the following actions by the nonprofit corporation:
(2) Promoting public awareness of and support for the purposes of the school.
(1) Soliciting and accepting private sector funding, gifts, donations, bequests, devises, and contributions.
Terms Used In Indiana Code 20-22-3-12
- 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) Enhancing the academic, social, and cultural opportunities for students of the school and Indiana children who are deaf or have a hearing disability.
(4) Providing outreach and engagement activities to school alumni.
As added by P.L.115-2024, SEC.2.