Indiana Code 36-7-11.2-14. “Person” defined
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Indiana Code 36-7-11.2-14
- Contract: A legal written agreement that becomes binding when signed.
- 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. 14. As used in this chapter, “person” means an individual, a corporation, a partnership, an association, a trust, a governmental body or agency, or other entity, public or private, capable of entering into an enforceable contract.
[Pre-1995 Title 14 Recodification Citation: 14-3-3.2-2 part.]
As added by P.L.1-1995, SEC.83.