Indiana Code 23-17-2-7. “Corporation”
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Sec. 7. (a) “Corporation” means a public benefit, mutual benefit, or religious corporation incorporated under or subject to this article.
(c) For purposes of IC 23-17-24, the term does not include a homeowners association (as defined in IC 34-6-2-58).
(b) The term does not include a foreign corporation.
Terms Used In Indiana Code 23-17-2-7
- 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.
As added by P.L.179-1991, SEC.1. Amended by P.L.245-2005, SEC.3.