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Indiana Code Title 32. Property § 32-23-5-3

Current as of January 02, 2024 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - Indiana Code Title 32. Property § 32-23-5-3 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-32-property/in-code-sect-32-23-5-3/

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