Indiana § 16-23-2-11 - Donations and bequests
Full text of Indiana Indiana Code § 16-23-2-11 — Donations and bequests, with citation guidance and answers to common questions.
§ 16-23-2-11. Donations and bequests
Sec. 11. (a) The governing board may, under the name fixed by the ordinance and consistent with the terms of any donations and bequests, do the following:
(1) Accept, hold, and administer donations and bequests for the hospital or hospitals.
(2) Invest the money in securities that the board considers proper.
(3) Use the money and assets for hospital purposes.
(4) Convey assets and pay out money without an appropriation, but only after the action is authorized by a majority vote of the members of the board.
(b) If the board desires to accept the donations or bequests, the board shall elect a treasurer from among the board who is custodian of the money and of the income from the money. The treasurer shall give bond in an amount fixed by and with surety to the approval of the board. The bond must be payable to the board, and suit may be brought on the bond by the board in the board's name.
(c) The board may not accept a donation or bequest that creates an obligation to the city unless the donation or bequest is first accepted and approved by the city fiscal body.
[Pre-1993 Recodification Citation: 16-12.2-8-5.]
As added by P.L.2-1993, SEC.6.
IC 16-23-3Chapter 3. Tax Levies and Appropriations for Hospital Associations by Third Class Cities
16-23-3-1Application of chapter 16-23-3-2Construction and equipment of facilities; payment of obligations; contracts 16-23-3-3Defrayment of deficiencies 16-23-3-4Hospital admittance 16-23-3-5Bonds; tax levy 16-23-3-6Maintenance tax
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 16-23-2-11
What does Indiana Code § 16-23-2-11 cover?
Section 16-23-2-11 ("Donations and bequests") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 16-23-2-11?
A common citation format is "Indiana Code § 16-23-2-11" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 16-23-2-11 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.