Indiana Statutes
§ 5-28-41-4 — "Qualified nonprofit organization"
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 28 INDIANA ECONOMIC DEVELOPMENT·Ch. 41 Regional Economic Acceleration and Development
(a)As used in this chapter, "qualified nonprofit
organization" means a private, nonprofit entity formed as a partnership
between local units, private sector businesses, or community or
philanthropic organizations to develop and implement a regional
economic acceleration and development strategy that has an
organizational structure that conforms with the requirements of a policy
developed by the corporation under section 16 of this chapter.
(b)For purposes of subsection (a), a "local unit" means a county,
city, town, township, or school corporation.
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Legislative History
As added by P.L.165-2021, SEC.64. Amended by P.L.87-2024,
SEC.13.
Nearby Sections
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§ 5-1-1-1
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"ADM"§ 5-1-11.5-2
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