Sec. 4. As used in this chapter, “grower” means:

(1) an individual, a partnership, a company, or a corporation that produces hemp for commercial purposes; or

Terms Used In Indiana Code 15-15-13-4

  • 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.
  • hemp: means the plant Cannabis sativa L. See Indiana Code 15-15-13-6
  • 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.
(2) a person, as part of a hemp research program conducted by a state educational institution (as defined by IC 21-7-13-32).

As added by P.L.165-2014, SEC.1. Amended by P.L.190-2019, SEC.4.