Indiana Code > Title 23 > Article 16 > Chapter 6 – Finance
Current as of: 2023 | Check for updates
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Other versions
| § 23-16-6-1 | Form of contribution |
| § 23-16-6-2 | Liability for contribution |
| § 23-16-6-3 | Sharing of profits and losses |
| § 23-16-6-4 | Sharing of distributions |
Terms Used In Indiana Code > Title 23 > Article 16 > Chapter 6 - Finance
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Appraisal: A determination of property value.
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Property: includes personal and real property. See Indiana Code 1-1-4-5