Indiana Code 23-1-20-5. “Corporation; domestic corporation”
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Terms Used In Indiana Code 23-1-20-5
- 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. 5. “Corporation” or “domestic corporation” means a corporation for profit that is not a foreign corporation, incorporated under or subject to the provisions of this article.
As added by P.L.149-1986, SEC.4.