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Terms Used In Indiana Code 36-9-4-39

  • 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.
   Sec. 39. The board of directors of a public transportation corporation may establish and operate a “demand-responsive” or “dial-a-ride” transportation system as a part of its urban mass transportation system within the taxing district of the corporation. The rates and charges for the system and all related criteria are at the sole discretion of the board.

[Pre-Local Government Recodification Citation: 19-5-2-34.1.]

As added by Acts 1981, P.L.309, SEC.77.