IC 6-1.1-47-1 : Definitions

Sec. 1. The following definitions apply throughout this chapter:

(1) "Eligible transfer of real property" means the transfer of an item of real property by a transferring entity under any of the following statutes:

(2) "Land bank" has the meaning set forth in IC 36-7-38-1.

(3) "Redevelopment commission" includes:

(A) a redevelopment commission established under IC 36-7-14; and

(B) a metropolitan development commission established under IC 36-7-15.1.

(4) "Transferring entity" means:

(A) a land bank; or

(B) a redevelopment commission.

As added by P.L.110-2017, SEC.2.