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Ind. Code § 23-17-32-2

"Nonprofit hospital"

Known as the Indiana Nonprofit Corporation Act

The act spans §§ 23-17-10-1 to 23-17-9-2 (200 sections).

As added by P.L.221-2023, SEC.2.

Sec. 2. As used in this chapter, "nonprofit hospital" means a hospital licensed under IC 16-21:

(1) that is organized as a nonprofit organization or charitable trust; and

(2) that is:

(A) eligible for tax exempt bond financing; or

(B) exempt from state or local taxes.

The term does not include a county hospital or municipal hospital licensed under IC 16-21-2 that is governed by IC 16-22-2, IC 16-22-8, or IC 16-23.

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