Sec. 14. "Private redevelopment corporation" means:
(1) a corporation that is wholly owned or controlled by one (1) or more nonprofit colleges or universities; or
(2) a corporation that operates on behalf of a nonprofit college or university on a nonprofit basis.
[Pre-2007 Higher Education Recodification Citation: 20-12-15-1(b).]
As added by P.L.2-2007, SEC.258.