Indiana Code 32-27-1-9. “Person” defined
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Terms Used In Indiana Code 32-27-1-9
- 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. 9. As used in this chapter, “person” means an individual, a corporation, a limited liability company, a business trust, an estate, a trust, a partnership, an association, a cooperative, or other legal entity.
[Pre-2002 Recodification Citation: 24-5-11.5-9.]
As added by P.L.2-2002, SEC.12.