Terms Used In Indiana Code 12-15-39.8-2

  • 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.
  • program: means the Indiana long term care insurance partnership program established by section 4(a) of this chapter. See Indiana Code 12-15-39.8-2
   Sec. 2. As used in this chapter, “program” means the Indiana long term care insurance partnership program established by section 4(a) of this chapter.

As added by P.L.196-2021, SEC.6.