Distribution of money by charitable organization
Sec. 5. (a) The representatives of the councils of the Boy Scouts
of America that are located entirely or partially within Indiana shall
establish an organization that:
(1) is a charitable organization under Section 501(c) of the
Internal Revenue Code;
(2) is registered to do business in Indiana;
(3) is located in Indiana; and
(4) exists for the purpose of raising funds on the behalf of all of
the councils of the Boy Scouts of America that are located
entirely or partially within Indiana.
(b) The organization shall distribute the money received under
section 4 of this chapter to each council of the Boy Scouts of
America that is located entirely or partially within Indiana.
As added by P.L.118-1998, SEC.18.
Last modified: May 27, 2006