Sec. 252. "Nonprofit hospital corporation" means a corporation that: (1) is organized and doing business under IC 23-17; (2) is authorized by the corporation's charter to and does own and operate a hospital; (3) is licensed under IC 16-21; and (4) operates the hospital as a charitable or benevolent institution making the hospital's services available to persons unable to pay to the extent of the hospital's financial ability to do so. [Pre-1993 Recodification Citation: 16-12-22-1(a).] As added by P.L.2-1993, SEC.1.