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Terms Used In Indiana Code 34-6-2-50

  • 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. 50. “Grant recipient”, for purposes of IC 34-57-3, means a nonprofit corporation or an organization that administers a community dispute resolution center under IC 34-57-3.

[Pre-1998 Recodification Citation: 34-4-2.5-3.]

As added by P.L.1-1998, SEC.1.