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Ind. Code § 32-23-5-3

"Holder"

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

Sec. 3. 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.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.