Sec. 1. As used in this chapter, “acquire” means directly or indirectly:

(1) to merge or consolidate with;

Terms Used In Indiana Code 28-2-16-1

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • control: means directly or indirectly:

    Indiana Code 28-2-16-6

(2) to assume control of; or

(3) to purchase all or substantially all of the assets of.

As added by P.L.279-1987, SEC.9.