Sec. 2. As used in this chapter, “person” means:

(1) a natural person; or

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Terms Used In Indiana Code 32-28-15-2

  • 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.
  • person: means :

    Indiana Code 32-28-15-2

(2) an organization, including a corporation, a partnership, a proprietorship, an association, a cooperative, an estate, a trust, or another legal entity.

As added by P.L.62-2024, SEC.1.