Terms Used In Indiana Code 16-22-8-47

  • 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. 47. Money shall be drawn from the treasury of the corporation under Indiana law.

[Pre-1993 Recodification Citation: 16-12-21-42.]

As added by P.L.2-1993, SEC.5.

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