Indiana Code 6-5.5-1-6. “Corporation”
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Sec. 6. “Corporation” means an entity that is:
(2) organized under the laws of the United States, this state, any other taxing jurisdiction, or a foreign government.
(1) a corporation (as defined in Internal Revenue Code Section 7701(a)(3)) for federal income tax purposes, including an entity taxed as a corporation under the Internal Revenue Code; and
Terms Used In Indiana Code 6-5.5-1-6
- 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.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
As added by P.L.347-1989(ss), SEC.1. Amended by P.L.21-1990, SEC.16.