Indiana Code 20-40-10-2. Establishment of fund
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Terms Used In Indiana Code 20-40-10-2
- 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.
- fund: refers to a levy excess fund established under section 2 of this chapter. See Indiana Code 20-40-10-1
Sec. 2. Each corporation shall establish a levy excess fund for purposes of IC 20-44-3.
[Pre-2006 Recodification Citation: 6-1.1-19-1.7(b) part.]
As added by P.L.2-2006, SEC.163.