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Terms Used In Indiana Code 8-1-13.1-4

  • 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.
  • corporation: means a corporation organized under IC 8-1-13 as a local district corporation (as defined in IC 8-1-13-23(b)). See Indiana Code 8-1-13.1-4
   Sec. 4. As used in this chapter, “corporation” means a corporation organized under IC 8-1-13 as a local district corporation (as defined in IC 8-1-13-23(b)).

As added by P.L.151-2009, SEC.5.