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Terms Used In Indiana Code 5-28-20-13

  • 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.
  • fund: refers to the small business development fund established by IC 5-28-18-7. See Indiana Code 5-28-20-2
   Sec. 13. In making loans from the fund, the corporation shall require that the recipients of the loans receive training in business and financial management skills, including the preparation and filing of state and federal tax returns.

As added by P.L.4-2005, SEC.34.