Indiana Code 28-1-18.2-1.1. “Company” defined
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Terms Used In Indiana Code 28-1-18.2-1.1
- company: means a corporation, limited liability company, partnership, business trust, association, or similar organization. See Indiana Code 28-1-18.2-1.1
- 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.
- 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.
Sec. 1.1. As used in this chapter, “company” means a corporation, limited liability company, partnership, business trust, association, or similar organization. Unless specifically excluded, the term includes a bank.
As added by P.L.14-1992, SEC.95. Amended by P.L.8-1993, SEC.441.