"Qualified entity" means:

1. (1) a political subdivision (as defined in IC 36-1-2-13 );
2. (2) a state educational institution;
3. (3) a leasing body (as defined in IC 5-1-1-1 (a));
4. (4) a not-for-profit utility (as defined in IC 8-1-2-125 );
5. (5) any rural electric membership corporation organized under IC 8-1-13 ;
6. (6) any corporation that was organized in 1963 under Acts 1935, c. 157 and that engages in the generation and transmission of electric energy;
7. (7) any communications cooperative corporation formed under IC 8-1-17 ;
8. (8) any commission, authority, or authorized body of any qualified entity;
9. (9) any organization, association, or trust with members, participants, or beneficiaries that are all individually qualified entities;
10. (10) any commission, authority, or instrumentality of the state;
11. (11) any other participant (as defined in IC 5-1.2-2-54 );
12. (12) a charter school established under IC 20-5.5 (before its repeal) or IC 20-24 ;
13. (13) a volunteer fire department (as defined in IC 36-8-12-2 ); or
14. (14) a development authority (as defined in IC 36-7.6-1-8 ).

As added by P.L.25-1984, SEC.1. Amended by P.L.43-1985, SEC.1; P.L.46-1987, SEC.3; P.L.48-1989, SEC.1; P.L.37-1991, SEC.1; P.L.132-1999, SEC.1; P.L.179-2002, SEC.2; P.L.50-2003, SEC.1; P.L.2-2007, SEC.70; P.L.232-2007, SEC.1; P.L.189-2018, SEC.27; P.L.81-2020, SEC.1; P.L.189-2023, SEC.1.