Sec. 13. “User”, for purposes of IC 21-35-7, means any of the following that has entered into a financing agreement with a state educational institution or developer in contemplation of the user’s use of the facilities referred to in the agreement:

(1) A person.

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Terms Used In Indiana Code 21-35-1-13

  • 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 firm.

(3) A partnership.

(4) A limited liability company.

(5) A trust.

(6) An association.

(7) A corporation.

[Pre-2007 Higher Education Recodification Citation: 20-12-1.5-2 part.]

As added by P.L.2-2007, SEC.276.