2018 Indiana Code
TITLE 20. Education
CHAPTER 1. Definitions
20-51-1-7. "Scholarship granting organization"

Universal Citation: IN Code § 20-51-1-7 (2018)
IC 20-51-1-7 "Scholarship granting organization"

     Sec. 7. "Scholarship granting organization" refers to an organization that:

(1) is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code; and

(2) is organized at least in part to grant school scholarships without limiting the availability of scholarships to students of only one (1) participating school.

As added by P.L.182-2009(ss), SEC.364. Amended by P.L.92-2011, SEC.7.


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