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Terms Used In Indiana Code 6-3.1-24-2

  • 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.
  • qualified Indiana business: means an independently owned and operated business that is certified as a qualified Indiana business by the Indiana economic development corporation under section 7 of this chapter. See Indiana Code 6-3.1-24-2
   Sec. 2. As used in this chapter, “qualified Indiana business” means an independently owned and operated business that is certified as a qualified Indiana business by the Indiana economic development corporation under section 7 of this chapter.

As added by P.L.192-2002(ss), SEC.119. Amended by P.L.4-2005, SEC.96.