Indiana Code 8-1-40.5-1. “Assignee”
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Terms Used In Indiana Code 8-1-40.5-1
- 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.
- securitization property: means the rights and interests of an electric utility, or its successor, under a financing order, as described in section 11 of this chapter. See Indiana Code 8-1-40.5-9
Sec. 1. As used in this chapter, “assignee” means any individual, corporation, or other legally recognized entity to which an interest in securitization property is transferred.
As added by P.L.80-2021, SEC.1.