Sec. 17. As used in this chapter, “person” means:

(1) an individual;

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Terms Used In Indiana Code 15-16-2-17

  • 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.
(2) a partnership;

(3) an association;

(4) a firm;

(5) a limited liability company; or

(6) a corporation.

[Pre-2008 Recodification Citation: 15-3-3-3(9).]

As added by P.L.2-2008, SEC.7.