Idaho Code 11-601 – Definitions
Current as of: 2023 | Check for updates
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As used in this act, unless the context otherwise requires:
(1) "Individual" means a natural person and not an artificial person such as a corporation, partnership, or other entity created by law.
Terms Used In Idaho Code 11-601
- 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.
- person: includes a corporation as well as a natural person;
Idaho Code 73-114
(2) "Dependent" means an individual who derives support primarily from another individual.