Sec. 4. This chapter may not be construed to limit the corporation‘s ability to carry out its responsibilities under this chapter with respect to a business that:

(1) the corporation considers to be a small business; and

Terms Used In Indiana Code 5-28-17-4

  • 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.
(2) does not meet the definition of a small business set forth in IC 5-28-2-6.

As added by P.L.56-2009, SEC.5.