Indiana Code 21-35-1-3. “Developer”
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Sec. 3. “Developer”, for purposes of IC 21-35-7, means a for profit or nonprofit:
(2) firm;
(1) person;
Terms Used In Indiana Code 21-35-1-3
- 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.
(3) partnership;
(4) limited liability company;
(5) trust;
(6) association; or
(7) corporation;
that enters or proposes to enter into a financing agreement with a state educational institution for construction of facilities or management of facilities, or both.
[Pre-2007 Higher Education Recodification Citation: 20-12-1.5-2 part.]
As added by P.L.2-2007, SEC.276.