Distribution of money by charitable organization
Sec. 5. (a) Representatives of the following nonprofit health
organizations shall establish an organization that meets the
requirements of subsection (b) for the purpose of receiving money
from the Indiana health trust fund:
(1) AIDServe Indiana.
(2) American Cancer Society.
(3) American Heart Association, Indiana Affiliate.
(4) American Lung Association of Indiana.
(5) American Red Cross.
(6) Arthritis Foundation, Indiana Chapter.
(7) Hemophilia of Indiana.
(8) Indiana AIDS Fund.
(9) National Kidney Foundation of Indiana.
(b) An organization established for the purpose of receiving
money from the Indiana health trust fund must:
(1) be a charitable organization under Section 501(c) of the
Internal Revenue Code;
(2) be registered to do business in Indiana;
(3) be located in Indiana; and
(4) exist for the purpose of raising funds on the behalf of all of
the organizations described in subsection (a).
(c) The organization shall distribute the money received under
section 4 of this chapter to each of the organizations described in
subsection (a).
As added by P.L.118-1998, SEC.23.
Last modified: May 27, 2006