Indiana Code 36-7-31.3-1. Applicability of chapter
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Terms Used In Indiana Code 36-7-31.3-1
- 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.
Sec. 1. Except as provided in section 8(b) of this chapter, this chapter applies only to a city or a county without a consolidated city that has a professional sports franchise playing the majority of its home games in a facility owned by the city, the county, a school corporation, or a board under IC 36-9-13, IC 36-10-8, IC 36-10-10, or IC 36-10-11.
As added by P.L.255-1997(ss), SEC.20. Amended by P.L.178-2002, SEC.123.