Indiana Code § 23-10-2-12

Acquiring and possessing of personal property
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Sec. 12. Such trustees and their successors in office may also acquire and possess personal property for the use of any such society, and may appropriate the same, and the income or interest thereof, and all other funds and incomes in their hands as such trustees, for the purposes designated by such society, not inconsistent with the trust. Formerly: Acts 1852, 1RS, c.101, s.12; Acts 1925, c.68, s.1.

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