Sec. 7.3. “Person” means:

(1) an individual, a firm, an organization, a partnership, an association, or a corporation, including affiliates and subsidiaries; or

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Terms Used In Indiana Code 24-4.7-2-7.3

  • 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.
  • 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) any other legal entity.

As added by P.L.153-2017, SEC.2.