Indiana Code 21-30-7-11. Disclosed gift; required information
Current as of: 2024 | Check for updates
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Sec. 11. Unless otherwise prohibited or deemed confidential under state or federal law, a disclosure under section 10 of this chapter must include the following information:
(2) The amount of the gift.
(1) The date of the gift.
Terms Used In Indiana Code 21-30-7-11
- foreign source: means any of the following:
Indiana Code 21-30-7-6
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- gift: means any gift, grant, endowment, award, or donation of money or property of any kind, or any combination thereof, including a conditional or unconditional promise, pledge, or agreement to make a gift, endowment, award, or donation. See Indiana Code 21-30-7-7
(3) The purpose of the gift.
(4) The identification of the persons for whom the gift is explicitly intended to benefit.
(5) Any applicable conditions, requirements, restrictions, or terms made part of the gift.
(6) The name and country of residence or domicile of the foreign source.
(7) The name and mailing address of the state educational institution receiving the gift.
(8) If applicable, the date of termination of the gift.
As added by P.L.142-2024, SEC.1.