Indiana Code 32-30-1-1. “Person” defined
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Terms Used In Indiana Code 32-30-1-1
- 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. As used in this chapter, “person” means an individual, a partnership, an association, a limited liability company, a corporation, a business trust, a joint stock company, or an unincorporated organization.
[Pre-2002 Recodification Citation: 32-15-1-1 part.]
As added by P.L.2-2002, SEC.15.