Indiana Code > Title 32 > Article 25.5 > Chapter 2 – Definitions
Current as of: 2023 | Check for updates
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Other versions
| § 32-25.5-2-1 | Applicability |
| § 32-25.5-2-2 | “Board” |
| § 32-25.5-2-3 | “Governing documents” |
| § 32-25.5-2-4 | “Homeowners association” |
| § 32-25.5-2-5 | “Subdivision” |
Terms Used In Indiana Code > Title 32 > Article 25.5 > Chapter 2 - Definitions
- 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.
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.