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Terms Used In Indiana Code 14-13-4-16

  • 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. 16. This chapter does not limit the power of a participating municipal corporation or a port authority to develop or improve a port, terminal, or riverfront facility.

[Pre-1995 Recodification Citation: 14-6-33-16.]

As added by P.L.1-1995, SEC.6.