Indiana Code — Title 6 (Taxation)
IC 6-9-6-5
Powers of board
Sec. 5. The board of managers may:
# (1)
accept and use gifts, grants, and contributions from any public or private source, under terms and conditions which the board of managers deems necessary and desirable;
# (2)
sue and be sued;
# (3)
enter into contracts and agreements;
# (4)
make rules and regulations necessary for the conduct of its business and the accomplishment of its purposes;
# (5)
receive and approve, alter, or reject requests and proposals for funding by corporations qualified under clause (6) of this section;
# (6)
after its approval of a proposal, transfer money, quarterly or less frequently, from the fund established in section 7 of this chapter, to any Indiana not-for-profit corporation for the purpose of promotion and encouragement in the county of conventions, trade shows, visitors, or special events; and
# (7)
require financial or other reports from any corporation that receives funds under this chapter.
As added by Acts 1978, P.L.49, SEC.1.
Amendment history
As added by Acts 1978, P.L.49, SEC.1.
Source: view the official text
Nearby sections (25 sections)
- 6-9-4-2 · Convention and visitor commission; creation; membership
- 6-9-4-3 · Powers and duties of commission
- 6-9-4-4 · Expenses of commission; budget; expenditures
- 6-9-4-5 · Reports by not-for-profit corporations receiving funds
- 6-9-4-6 · Tax on lodgings authorized; collection
- 6-9-4-7 · Innkeeper's tax fund; expenditures
- 6-9-4-8 · Unauthorized transfer and use of funds; offenses
- 6-9-4-9 · Bonds or debts; adverse legislation; covenant
- 6-9-6-1 · Application of chapter
- 6-9-6-2 · Special funds board of managers; creation
- 6-9-6-3 · Meetings; officers; rules; quorum
- 6-9-6-4 · Funds; deposit; audit
- 6-9-6-5 · Powers of board
- 6-9-6-6 · Tax on lodgings; collection
- 6-9-6-7 · Convention, tourism, and recreation fund
- 6-9-6-8 · Transfer and use of funds restricted; offense
- 6-9-7-1 · Application of chapter
- 6-9-7-2 · Convention and visitor commission; creation
- 6-9-7-3 · Powers and duties of commission
- 6-9-7-4 · Expenses of commission; budget; expenditures
- 6-9-7-5 · Report by entity receiving funds
- 6-9-7-6 · Tax on lodgings authorized; collection
- 6-9-7-7 · Innkeeper's tax fund; expenditures; advisory commission;
- 6-9-7-8 · Transfer and use of funds restricted; offenses
- 6-9-7-9 · Supplemental innkeeper's tax fund; uses