Indiana Code 23-0.5-1.5-3. “Business corporation”
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Terms Used In Indiana Code 23-0.5-1.5-3
- 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.
Sec. 3. “Business corporation” means a domestic business corporation incorporated under or subject to IC 23-1, IC 23-1.3, or IC 23-1.5 or a foreign business corporation.
As added by P.L.118-2017, SEC.5.