Sec. 6. An institution may not be the recipient of a gift, whether on the payment of an annuity or otherwise, that pledges the institution to perform any acts other than acts that the institution is authorized by law to perform. [Pre-2007 Higher Education Recodification Citation: 4-24-2-6 part.] Formerly: Acts 1917, c.20, s.6. As amended by P.L.2-2007, SEC.59.
Unacceptable gifts
Ind. Code § 4-24-2-6, under Gifts; Acceptance and Return of Annuity to Donor Authorized.
Ind. Code § 4-24-2-6