Indiana Code 34-6-2-86. “Municipal corporation”
Current as of: 2023 | Check for updates
|
Other versions
Sec. 86. “Municipal corporation”, for purposes of IC 34-13-5, means:
(A) local subdivision of the state; or
(1) a:
Terms Used In Indiana Code 34-6-2-86
- 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.
(B) public instrumentality or public corporate body created by state law;
including but not limited to cities, towns, townships, counties, school corporations, special taxing districts, conservancy districts, and any other local public instrumentality or corporation that has the right to sue and be sued;
(2) a corporate or other entity that leases a public improvement to a municipal corporation; or
(3) the governing body of a municipal corporation and its members and officers in their official capacity.
[Pre-1998 Recodification Citation: 34-4-17-1(a).]
As added by P.L.1-1998, SEC.1.