Terms Used In Indiana Code 8-23-9-39

  • 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. 39. Sections 34 through 38 of this chapter do not limit or abridge the right of a person, firm, limited liability company, or corporation to proceed against a contractor and surety as provided by section 10 of this chapter.

As added by P.L.18-1990, SEC.218. Amended by P.L.8-1993, SEC.162.