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Terms Used In Indiana Code 5-10.2-10-2

  • business operations: means engaging in any commerce in any form in a state that sponsors terror. See Indiana Code 5-10.2-10-4
  • inactive business operations: means the mere continued holding or renewal of rights to property previously operated to generate revenues but not presently deployed for that purpose. See Indiana Code 5-10.2-10-9
   Sec. 2. As used in this chapter, “active business operations” means all business operations that are not inactive business operations.

As added by P.L.67-2009, SEC.1.