Terms Used In Indiana Code 5-28-30-7

  • industrial development project: includes the acquisition of land, interests in land, site improvements, infrastructure improvements (including information and high technology infrastructure (as defined in IC 5-28-9-4)), buildings, or structures, rehabilitation, renovation, and enlargement of buildings and structures, machinery, equipment, furnishings, or facilities (or any combination of these), comprising or being functionally related and subordinate to any of the following:

    Indiana Code 5-28-30-5

   Sec. 7. As used in this chapter, “mortgage” means a mortgage on an industrial development project, mining operation, or agricultural operation that involves the processing of agricultural products, or the unpaid purchase price of real estate under the laws of this state, together with the credit instruments, if any, secured thereby, including but not limited to a financing agreement as defined in IC 5-1.2-2 or a financing agreement within the meaning of IC 36-7-12 in connection with real property.

As added by P.L.162-2007, SEC.25. Amended by P.L.189-2018, SEC.51.