Terms Used In Indiana Code 8-6-7.7-1.1

  • 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.
  • Fiduciary: A trustee, executor, or administrator.
   Sec. 1.1. As used in this chapter, “person” means an individual, a firm, a limited liability company, a corporation, an association, a fiduciary, or a governmental entity.

As added by P.L.198-2016, SEC.70.