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Terms Used In Indiana Code 10-18-7-10

  • 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. 10. The officers and trustees of a memorial corporation may adopt bylaws for the guidance and conduct of the memorial corporation’s affairs as the officers and trustees consider proper. However, the bylaws may not conflict with this chapter.

[Pre-2003 Recodification Citation: 10-7-12-10.]

As added by P.L.2-2003, SEC.9.