Sec. 1. A veterans association established under this chapter must meet the following requirements:
(1) The association must be formed by at least three (3) individuals who:
(A) served in the military or naval forces of the United States during any war or campaign; and
(B) are residents of Indiana.
(2) The association must have written articles of association that comply with the requirements under this chapter.
(3) The association must be formed for any of the following purposes:
(A) To acquire, own, maintain, and administer homes, assembly halls, or schools.
(B) To provide care, protection, education, and general welfare for indigent and helpless soldiers, sailors, marines, or nurses who served in the military or naval forces of the United States and their widows, orphans, half-orphans, and other soldiers, sailors, or marines.
(4) The association must be formed for charitable and educational purposes and operated as a nonprofit association.
[Pre-2003 Recodification Citation: 10-7-11-1.]
As added by P.L.2-2003, SEC.9.