Ind. Code § 32-23-5-3

Current through P.L. 171-2024

Section 32-23-5-3 - "Holder"

As used in this chapter, "holder" means any of the following:

(1) A governmental body that is empowered to hold an interest in real property under the laws of Indiana or the United States.

(2) A charitable corporation, charitable association, nonprofit corporation, or charitable trust, the purposes or powers of which include:

(A) retaining or protecting the natural, scenic, or open space values of real property;

(B) assuring the availability of real property for agricultural, forest, recreational, or open space use;

(C) protecting natural resources;

(D) protecting property bordering lakes;

(E) maintaining or enhancing air or water quality; or

(F) preserving the historical, architectural, archeological, or cultural aspects of real property.

IC 32-23-5-3

Pre-2002 Recodification Citation: 32-5-2.6-1 part.

Amended by P.L. 49-2013, SEC. 1, eff. 7/1/2013.

As added by P.L. 2-2002, SEC.8.