Indiana Code - Taxation - Title 6, Section 6-9-17-6

Powers of commission

Sec. 6. (a) The commission may:
(1) accept and use gifts, grants, and contributions from any
public or private source, under terms and conditions that the
commission considers necessary and desirable;
(2) sue and be sued;
(3) enter into contracts and agreements;
(4) make rules necessary for the conduct of its business and the
accomplishment of its purposes;
(5) receive and approve, alter, or reject requests and proposals
for funding by corporations qualified under subdivision (6);
(6) after its approval of a proposal, transfer money, quarterly or
less frequently, from the fund established under section 4 of this
chapter, to any Indiana not-for-profit corporation for the
purpose of promotion and encouragement in the county of
conventions, trade shows, visitors, or special events in the
county;
(7) require financial or other reports from any corporation that
receives funds under this chapter.
(b) A majority of the commission constitutes a quorum for the
transaction of business, and the concurrence of a majority of the
commission is necessary to authorize any action.
(c) All expenses of the commission shall be paid from the fund
established under section 4 of this chapter.

As added by Acts 1982, P.L.68, SEC.1.

Last modified: May 28, 2006