"Holder" defined
Sec. 3. As used in this chapter, "holder" means:
(1) a governmental body that is empowered to hold an interest
in real property under the laws of Indiana or the United States;
or
(2) a charitable corporation, charitable association, 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) maintaining or enhancing air or water quality; or
(E) preserving the historical, architectural, archeological, or
cultural aspects of real property.
As added by P.L.2-2002, SEC.8.
Last modified: May 24, 2006