Sec. 1. (a) As used in this chapter, “assignee” means any individual, corporation, or other legal entity to which an SNG property interest is transferred.

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Terms Used In Indiana Code 8-1-8.9-1

  • assignee: means any individual, corporation, or other legal entity to which an SNG property interest is transferred. See Indiana Code 8-1-8.9-1
  • 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.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • SNG: has the meaning set forth in Indiana Code 8-1-8.9-8
     (b) The term includes an assignee of a person described in subsection (a).

As added by P.L.175-2007, SEC.21.

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