Terms Used In Indiana Code 4-4-28-4

• account: refers to an individual development account. See Indiana Code 4-4-28-1
• community based organization: means a private, nonprofit corporation whose board of directors is comprised of business, civic, and community leaders, and whose principal purpose includes the provision of low income housing. See Indiana Code 4-4-28-1.7
• 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.
• fund: refers to an individual development account fund established by a community development corporation or community based organization under section 13 of this chapter. See Indiana Code 4-4-28-4