Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Indiana Code 5-28-21-16

  • 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. 16. The corporation may defer payment of interest and principal on a loan under this chapter for not more than two (2) years.

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