Sec. 5. As used in this chapter, “specified recipient” means a person that is named in a development agreement that:

(1) receives an economic development payment from a development provider; and

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Terms Used In Indiana Code 4-33-23-5

  • development agreement: means the written agreement or group of written agreements that:

    Indiana Code 4-33-23-2

  • development provider: means :

    Indiana Code 4-33-23-3

  • economic development payment: means monetary disbursement paid under a development agreement that is:

    Indiana Code 4-33-23-4

(2) is not a party to the development agreement.

As added by P.L.82-2011, SEC.1.