Terms Used In Indiana Code 5-16-5-0.4

  • 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.
  • person: includes a natural person, firm, limited liability company, or corporation. See Indiana Code 5-16-5-0.4
   Sec. 0.4. As used in this chapter, “person” includes a natural person, firm, limited liability company, or corporation.

As added by P.L.75-2012, SEC.4.