1. (a) As used in section 47 of this chapter, "political subdivision" includes any Indiana municipality, county, civil township, civil incorporated city or town, public school corporation, state educational institution, or any other territorial subdivision of the state recognized or designated in any law, including the following:

   1. (1) Judicial circuits.
   2. (2) A public utility entity not privately owned.
   3. (3) A special taxing district or entity.
   4. (4) A public improvement district authority or entity authorized to levy taxes or assessments.

2. (b) The term does not include any retirement system supported entirely or in part by the state.

   [Pre-2002 Recodification Citation: 32-9-1.5-16.]

As added by P.L.2-2002, SEC.19. Amended by P.L.2-2007, SEC.366.