Indiana Code 24-4.7-2-5.5. “Executive”
Current as of: 2023 | Check for updates
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Sec. 5.5. “Executive” means any of the following, as applicable:
(A) president;
(1) With respect to a corporation, a person who is or performs the duties of the:
Terms Used In Indiana Code 24-4.7-2-5.5
- 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.
- 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.
(B) chief executive officer;
(C) treasurer; or
(D) chief financial officer;
of the corporation.
(2) With respect to a partnership, a partner authorized to act on behalf of the partnership.
(3) With respect to a limited liability company, a member of the limited liability company who has not had the member’s authority to act on behalf of the limited liability company revoked.
As added by P.L.242-2019, SEC.2.