Chapter 1 Application
Chapter 2 Definitions
Chapter 3 Series Limited Liability Status
Chapter 4 Formation
Chapter 5 Limits on Liability
Chapter 6 Filing Requirements, Fees, and Other Administrative Provisions
Chapter 7 Foreign Series Limited Liability Companies

Terms Used In Indiana Code > Title 23 > Article 18.1

  • 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.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Board: means the Indiana library and historical board established by IC 4-23-7-2. See Indiana Code 4-23-7.1-1
  • Department: means the Indiana library and historical department established by IC 4-23-7-1. See Indiana Code 4-23-7.1-1
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Service of process: The service of writs or summonses to the appropriate party.
  • State library: means the Indiana state library established by IC 4-23-7-3. See Indiana Code 4-23-7.1-1
  • Statute: A law passed by a legislature.