Sec. 3. As used in this chapter, “person” means any of the following:

(1) An individual.

Terms Used In Indiana Code 4-4-37-3

  • 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.
(2) A partnership.

(3) A firm.

(4) An association.

(5) A joint venture.

(6) A limited liability company.

(7) A corporation.

(8) A nonprofit organization or nonprofit corporation.

As added by P.L.213-2015, SEC.39. Amended by P.L.16-2019, SEC.1.