Sec. 274. (a) “Person” means, except as provided in subsections (b), (c), (d), and (e), an individual, a firm, a partnership, an association, a fiduciary, an executor or administrator, a governmental entity, or a corporation.

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Terms Used In Indiana Code 16-18-2-274

  • 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.
  • Executor: A male person named in a will to carry out the decedent
  • Fiduciary: A trustee, executor, or administrator.
  • 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.
  • United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
     (b) “Person”, for purposes of IC 16-25, has the meaning set forth in IC 16-25-1.1-8.

     (c) “Person”, for purposes of IC 16-31, means an individual, a partnership, a corporation, an association, a joint stock association, or a governmental entity other than an agency or instrumentality of the United States.

     (d) “Person”, for purposes of IC 16-42-10, has the meaning set forth in IC 16-42-10-3.

     (e) “Person”, for purposes of IC 16-46-16.5, has the meaning set forth in IC 16-46-16.5-2.

[Pre-1993 Recodification Citations: 16-1-23-1 part; 16-1-42-1; 16-1-47-2; 16-4-9-1; 16-6-3-1(f); 16-6-4-4; 16-6-5-3(t); 16-6-6-1(p); 16-6-8-2(a); 16-6-9-2(c); 16-6-10-3, 16-6-11-1(c); 16-6-13-5; 16-7-3-2(c); 16-8-7.5-4; 16-9-4-2(g); 16-10-2.2-7; 16-10-5-1 part; 16-12-21-1 part.]

As added by P.L.2-1993, SEC.1. Amended by P.L.256-1999, SEC.9; P.L.110-2021, SEC.2.