Indiana Code 27-4-6-2. Definitions
Current as of: 2023 | Check for updates
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Sec. 2. When used in this chapter:
“Residents” shall mean and include person, partnership, limited liability company, or corporation, domestic, alien, or foreign.
“Commissioner” shall mean the commissioner of insurance of this state.
Terms Used In Indiana Code 27-4-6-2
- Commissioner: shall mean the commissioner of insurance of this state. See Indiana Code 27-4-6-2
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
Formerly: Acts 1963, c.163, s.2. As amended by P.L.252-1985, SEC.171; P.L.8-1993, SEC.419.