Indiana Code 21-17-1-14. “Private redevelopment corporation”
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Sec. 14. “Private redevelopment corporation” means:
(2) a corporation that operates on behalf of a nonprofit college or university on a nonprofit basis.
(1) a corporation that is wholly owned or controlled by one (1) or more nonprofit colleges or universities; or
Terms Used In Indiana Code 21-17-1-14
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
[Pre-2007 Higher Education Recodification Citation: 20-12-15-1(b).]
As added by P.L.2-2007, SEC.258.