Sec. 4. “Person” includes:

(1) a corporation;

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Terms Used In Indiana Code 21-32-1-4

  • 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 limited liability company;

(3) a partnership;

(4) a firm;

(5) an association;

(6) a joint venture;

(7) an individual; and

(8) any combination of the entities listed in this section.

[Pre-2007 Higher Education Recodification Citation: 4-1-5-4 part.]

As added by P.L.2-2007, SEC.273.