Indiana Code 5-28-28-3. “Loan”
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Sec. 3. As used in this chapter, “loan”:
(2) includes a loan guarantee made by the corporation.
(1) refers to a loan made by the corporation, regardless of whether the loan is forgivable; and
Terms Used In Indiana Code 5-28-28-3
- 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.
As added by P.L.222-2007, SEC.1.