Terms Used In Indiana Code 16-22-8-35

  • board: refers to the board of a municipal corporation created under this chapter. See Indiana Code 16-22-8-2.1
  • 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.
   Sec. 35. The corporation shall keep accounts and records of receipts and disbursements as prescribed by the state board of accounts.

[Pre-1993 Recodification Citation: 16-12-21-29.]

As added by P.L.2-1993, SEC.5. Amended by P.L.88-2006, SEC.6.