Sec. 11. (a) The corporation shall, promptly following the close of each fiscal year, submit an annual report of its activities for the preceding year to the budget committee and the general assembly.

lawyer at desk

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

Terms Used In Indiana Code 5-33-5-11

  • 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.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
     (b) An annual report submitted under this section to the general assembly must be in an electronic format under IC 5-14-6. The report shall set forth a complete operating and financial statement of the corporation during such year, and a copy of such report shall be available to inspection by the public at the Indianapolis office of the corporation.

As added by P.L.78-2019, SEC.5.

  Previous section
Next section  
 Chapter 5 Contents