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Terms Used In Indiana Code 34-30-2.1-304

  • 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. 304. IC 23-1-26-3 (Concerning a shareholder of a business corporation for acts or debts of the corporation).

As added by P.L.105-2022, SEC.12.