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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.