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2019 Indiana Code
Title 10. Public Safety
Article 18. War Memorials
Chapter 5. Township Memorials
10-18-5-3. Authority to sell or donate township memorials
Universal Citation: IN Code § 10-18-5-3 (2019)
IC 10-18-5-3 Authority to sell or donate township memorials
Sec. 3. (a) As used in this section, "fiscal body" has the meaning set forth in IC 36-1-2-6.
(b) The fiscal body of a township maintaining a memorial under this chapter may by resolution authorize the sale or donation of the memorial to an organization that is exempt from federal income taxation under Section 501(c)(3) or 501(c)(19) of the Internal Revenue Code. An organization that acquires a memorial under this section shall continue to operate and maintain the property as a memorial. Ownership of the memorial reverts to the township if the acquiring organization:
(1) determines that it is unable to continue operating the property as a memorial; or
(2) is dissolved or otherwise ceases to exist.
As added by P.L.6-2017, SEC.6.
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