Current through P.L. 171-2024
Section 30-4-5-20 - Private corporate foundations; effective dates of IC 30-4-5-18The provisions of 30-4-5-18 shall be effective as to corporations to which such section applies in accordance with the following subsections (a) and (b):
(a) With respect to each such corporation organized on or after January 1, 1970, the provisions of 30-4-5-18 shall be effective from and after the date of such corporation's organization.(b) With respect to each such corporation organized before January 1, 1970, the provisions of 30-4-5-18 shall be effective during taxable years commencing after December 31, 1971.Formerly: Acts1971 , P.L. 416, SEC.6.