(b) The fiscal body of a township maintaining a memorial under this chapter may by resolution authorize the sale or donation of the memorial to an organization that is exempt from federal income taxation under Section 501(c)(3) or 501(c)(19) of the Internal Revenue Code. An organization that acquires a memorial under this section shall continue to operate and maintain the property as a memorial. Ownership of the memorial reverts to the township if the acquiring organization:(1) determines that it is unable to continue operating the property as a memorial; or(2) is dissolved or otherwise ceases to exist.As added by P.L.6-2017, SEC.6.
Indiana Legal Code