Chapter 1 Incorporation
Chapter 2 Articles of Incorporation
Chapter 3 Corporate Name
Chapter 4 Submission of Articles of Incorporation
Chapter 5 Approval of Application by Department
Chapter 6 Effective Date of Incorporation
Chapter 7 Meetings of Corporation
Chapter 8 Business of Corporation
Chapter 9 Bylaws of Corporation
Chapter 10 Emergency Bylaws
Chapter 11 Capital Requirements for Corporations
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Terms Used In Indiana Code > Title 28 > Article 12 - Formation of Banks, Trust Companies, and Building and Loan Associations

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • division: refers to the paid fantasy sports division established by section 11 of this chapter. See Indiana Code 4-33-24-4
  • 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.
  • Fiduciary: A trustee, executor, or administrator.
  • game operator: means a person who:

    Indiana Code 4-33-24-5

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • licensed facility: means any of the following:

    Indiana Code 4-33-24-7

  • licensee: means any of the following:

    Indiana Code 4-33-24-8

  • paid fantasy sports game: means any fantasy or simulation sports game or contest that meets the following conditions:

    Indiana Code 4-33-24-9

  • 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.
  • person: means any association, corporation, limited liability company, fiduciary, individual, joint stock company, joint venture, partnership, sole proprietorship, or other private legal entity. See Indiana Code 4-33-24-10
  • 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.
  • Quorum: The number of legislators that must be present to do business.