Indiana § 27-11-7-4 - Designation as charitable or benevolent institution
Full text of Indiana Indiana Code § 27-11-7-4 — Designation as charitable or benevolent institution, with citation guidance and answers to common questions.
§ 27-11-7-4. Designation as charitable or benevolent institution
Sec. 4. Every society organized or licensed under this article is declared to be a charitable and benevolent institution, and all of its funds shall be exempt from all and every state, county, district, municipal, and school tax other than taxes on real estate not occupied by a society in carrying on its business.
As added by P.L.262-1985, SEC.1.
IC 27-11-8Chapter 8. Regulation
27-11-8-1Standards for valuation of certificates; maintenance of excess reserves on certificates 27-11-8-2Annual financial statement 27-11-8-3Renewal of license; fee 27-11-8-4Examination of societies transacting or applying for admission to transact business in Indiana; expenses 27-11-8-5Requirements for issuance of license to transact business in Indiana 27-11-8-6Noncompliance with limitations on transaction of business; injunction; hearing; liquidation of society; receivership; voluntary determination to discontinue business 27-11-8-7Noncompliance by foreign or alien society; suspension, revocation, or refusal of license 27-11-8-8Application or petition for injunction 27-11-8-9Licensing of insurance producers of societies 27-11-8-10Unfair competition; unfair or deceptive acts or practices
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 27-11-7-4
What does Indiana Code § 27-11-7-4 cover?
Section 27-11-7-4 ("Designation as charitable or benevolent institution") 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 § 27-11-7-4?
A common citation format is "Indiana Code § 27-11-7-4" (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 § 27-11-7-4 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.