Sec. 2. This article does not apply to any of the following:
(1) An approved postsecondary educational institution (as defined in IC 21-7-13-6(a)).
(2) A technology transfer organization owned by or affiliated with an approved postsecondary educational institution (as defined in IC 21-7-13-6(a)).
(3) A licensee holding a patent from:
(A) an approved postsecondary educational institution (as defined in IC 21-7-13-6(a)); or
(B) a technology transfer organization owned by or affiliated with an approved postsecondary educational institution (as defined in IC 21-7-13-6(a));
if the patent has been licensed by the approved postsecondary educational institution (as defined in IC 21-7-13-6(a)) or technology transfer organization.