Indiana Code > Title 22 > Article 2 > Chapter 10 – Employees as Preferred Creditors
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§ 22-2-10-1 | Assignments for benefit of creditors; bankruptcy; salesmen |
Terms Used In Indiana Code > Title 22 > Article 2 > Chapter 10 - Employees as Preferred Creditors
- 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.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Trustee: A person or institution holding and administering property in trust.