As used in this chapter, unless the context requires otherwise:

(1) “Board” means the governing body of the Tennessee heritage conservation trust fund;
(2) “Nonprofit organization” means an entity that is exempt from federal income taxation under § 501(a) of the Internal Revenue Code (26 U.S.C. § 501(a)) , as an organization described in § 501(c)(3) of the Internal Revenue Code (26 U.S.C. § 501(c)(3)) ; and
(3) “Trust fund” means the Tennessee heritage conservation trust fund.