Section 5-28-41-4 - "Qualified nonprofit organization"(a) As used in this chapter, "qualified nonprofit organization" means a private, nonprofit entity formed as a partnership between local units, private sector businesses, or community or philanthropic organizations to develop and implement a regional economic acceleration and development strategy that has an organizational structure that conforms with the requirements of a policy developed by the corporation under section 16 of this chapter.(b) For purposes of subsection (a), a "local unit" means a county, city, town, township, or school corporation.Amended by P.L. 87-2024,SEC. 13, eff. 7/1/2024.Added by P.L. 165-2021,SEC. 64, eff. 4/29/2021.