Indiana Code 5-28-16-5. Administrative expenses
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Terms Used In Indiana Code 5-28-16-5
- 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.
- fund: refers to the Indiana twenty-first century research and technology fund established by section 2 of this chapter. See Indiana Code 5-28-16-1
Sec. 5. The corporation may use money in the fund to cover administrative expenses incurred in carrying out the requirements of this chapter.
As added by P.L.4-2005, SEC.34. Amended by P.L.145-2016, SEC.18.