Indiana § 4-24-2-1 - Gifts; bequests and devises
Full text of Indiana Indiana Code § 4-24-2-1 — Gifts; bequests and devises, with citation guidance and answers to common questions.
§ 4-24-2-1. Gifts; bequests and devises
Sec. 1. Any state charitable or benevolent institution or the state of Indiana may:
(1) receive gifts, bequests, and devises of real or personal property, or both, for:
(A) the aid or maintenance of any institution; or
(B) state parks or other state purposes; and
(2) agree to return to the donor or to any living person named by the donor and living at the time of the gift, an annuity under the provisions and safeguards provided in this chapter.
[Pre-2007 Higher Education Recodification Citation: 4-24-2-1 part.]
Formerly: Acts 1917, c.20, s.1. As amended by P.L.2-2007, SEC.58.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 4-24-2-1
What does Indiana Code § 4-24-2-1 cover?
Section 4-24-2-1 ("Gifts; bequests and devises") 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 § 4-24-2-1?
A common citation format is "Indiana Code § 4-24-2-1" (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 § 4-24-2-1 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.