"Indiana affiliate" refers to either of the following:

1. (1) An Indiana chapter or other subdivision of a bona fide national organization that:

   1. (A) operates without profit to the organization's members; and
   2. (B) is exempt from taxation under Section 501 of the Internal Revenue Code.
2. (2) An association, whether incorporated or not, or a committee of Indiana residents authorized by a bona fide national foundation to conduct allowable activities and other fundraising events for the benefit of the bona fide national foundation.

As added by P.L.58-2019, SEC.4.