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Terms Used In Indiana Code 34-30-2.1-307

  • 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. 307. IC 23-1.3-5-3 (Concerning the director of a benefit corporation for performance of the director’s duties or failure of the benefit corporation to pursue or create a public benefit).

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