Terms Used In Indiana Code 8-9-5-6

  • 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.
   Sec. 6. The provisions of this chapter shall apply to any person, firm, corporation, lessee, or receiver who or which operates in the state of Indiana a steam railroad more than twenty-five (25) miles in length.

Formerly: Acts 1913, c.43, s.6. As amended by P.L.62-1984, SEC.131.