Terms Used In Indiana Code 23-1-43-1

  • under common control with: means the possession (directly or indirectly) of the power to direct or cause the direction of the management and policies of a person, whether through the ownership of voting securities, by contract, or otherwise. See Indiana Code 23-1-43-8
   Sec. 1. As used in this chapter, “affiliate” means a person that directly, or indirectly through one (1) or more intermediaries, controls, is controlled by, or is under common control with, a specified person.

As added by P.L.149-1986, SEC.27.