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Ind. Code § 2-7-1-4

"Gift"

As added by Acts 1981, P.L.9, SEC.1

Sec. 4. (a) "Gift" means the voluntary transfer of anything of value without consideration.

(b) The term does not include a contribution (as defined in IC 3-5-2.1-27).

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.