Indiana Code 5-1.2-2-63. “Regional blood center”
Current as of: 2023 | Check for updates
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Sec. 63. “Regional blood center”, for purposes of financing a health facility and health facility property under IC 5-1.2-7, means a nonprofit corporation or corporation created under 36 U.S.C. 1 that:
(A) accredited by the American Association of Blood Banks; or
(1) is:
Terms Used In Indiana Code 5-1.2-2-63
- 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.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(B) registered or licensed by the Food and Drug Administration of the Department of Health and Human Services; and
(2) owns and operates a health facility that is primarily engaged in:
(A) drawing, testing, processing, and storing human blood and providing blood units or components to hospitals; or
(B) harvesting, testing, typing, processing, and storing human body tissue and providing this tissue to hospitals.
As added by P.L.189-2018, SEC.25.