Terms Used In Indiana Code 16-22-12-7

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
   Sec. 7. The taxes collected under this chapter shall be paid over to the hospital corporation without further action or proceeding when general taxes are paid over and distributed by the county.

[Pre-1993 Recodification Citation: 16-12-18-4.]

As added by P.L.2-1993, SEC.5.