Indiana Code > Title 28 > Article 13 > Chapter 11 – Standards of Conduct for Directors
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Terms Used In Indiana Code > Title 28 > Article 13 > Chapter 11 - Standards of Conduct for Directors
- 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.
- Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
- Quorum: The number of legislators that must be present to do business.
- Trustee: A person or institution holding and administering property in trust.