Indiana Code 1-1-16-7. “Qualified entity”
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Sec. 7. As used in this chapter, “qualified entity” means any of the following:
(2) A state agency (as defined in IC 1-1-15-3).
(1) A business corporation, a nonprofit corporation, a general partnership, a limited partnership, a limited liability company, an estate, a trust, an association, a joint venture, or any other legal or commercial entity.
Terms Used In Indiana Code 1-1-16-7
- company: means any of the following that exists to make a profit:
Indiana Code 1-1-16-1
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(3) A political subdivision (as defined in IC 36-1-2-13).
As added by P.L.118-2023, SEC.3.