Terms Used In Indiana Code 28-15-9-1

  • 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.
   Sec. 1. A savings association may form and invest in a service corporation to the same extent and with the same limitations as a federally chartered savings association, as provided for by 12 CFR 559.

As added by P.L.193-1997, SEC.2. Amended by P.L.215-1999, SEC.15.