Indiana Code 23-17-2-11. “Domestic corporation”
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Sec. 11. (a) “Domestic corporation” means a public benefit, mutual benefit, or religious corporation incorporated under or subject to this article.
(b) The term does not include a foreign corporation.
As added by P.L.179-1991, SEC.1.
Terms Used In Indiana Code 23-17-2-11
- 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.