"Holder"

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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.

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

As added by P.L.2-2002, SEC.8. Amended by P.L.49-2013, SEC.1.


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