Private corporate foundations; effective dates of IC 30-4-5-18
Sec. 20. The provisions of 30-4-5-18 shall be effective as to
corporations to which such section applies in accordance with the
following subsections (a) and (b):
(a) With respect to each such corporation organized on or after
January 1, 1970, the provisions of 30-4-5-18 shall be effective from
and after the date of such corporation's organization.
(b) With respect to each such corporation organized before
January 1, 1970, the provisions of 30-4-5-18 shall be effective during
taxable years commencing after December 31, 1971.
(Formerly: Acts 1971, P.L.416, SEC.6.)
Last modified: May 27, 2006