Terms Used In Indiana Code 9-13-2-128

  • 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. 128. “Political subdivision” means a county, a township, a city, a town, a public school corporation, or any other subdivision of the state recognized in any law, including any special taxing district or entity and any public improvement district authority or entity authorized to levy taxes or assessments.

[Pre-1991 Recodification Citation: 9-6-4-11 part.]

As added by P.L.2-1991, SEC.1.