Authority to Receive Gifts; Intent

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Sec. 6. Real or personal property may be:

(1) bequeathed;

(2) devised; or

(3) given;

to a corporation incorporated under this chapter by will if the corporation name is stated or the purpose for the transfer leaves no reasonable doubt as to the corporation or purpose for which the transfer was intended.

[Pre-2008 Recodification Citation: 15-1-2-6 part.]

As added by P.L.2-2008, SEC.5.


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