Indiana Code 3-5-2-38. “Political subdivision”
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Terms Used In Indiana Code 3-5-2-38
- 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. 38. “Political subdivision” means a county, city, town, township, school corporation, public library, local housing authority, fire protection district, public transportation corporation, local building authority, local hospital authority or corporation, local airport authority, special service district, special taxing district, or other type of local governmental corporate entity.
[1986 Recodification Citation: New.]
As added by P.L.5-1986, SEC.1.