Indiana Code 15-15-13-5. “Handler”
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Terms Used In Indiana Code 15-15-13-5
- agricultural hemp seed: means Cannabis sativa seed that meets any labeling, quality, and other standards set by the state seed commissioner and that is intended for sale or is sold to, or purchased by, licensed growers for planting. See Indiana Code 15-15-13-2
- 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.
- 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.
Sec. 5. As used in this chapter, “handler” means an individual, a partnership, a company, or a corporation that receives hemp for scientific research, or for processing into commodities, hemp products, or agricultural hemp seed.
As added by P.L.165-2014, SEC.1. Amended by P.L.190-2019, SEC.5.