Indiana Code 8-22-1-14. “Person”
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Terms Used In Indiana Code 8-22-1-14
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
Sec. 14. “Person” means an individual, partnership, firm, company, limited liability company, corporation, association, trust, estate, or his or its legal representative or agent.
[Pre-Local Government Recodification Citations: 19-6-2-1 part; 19-6-3-1 part; 19-6-3.5-2 part.]
As added by Acts 1980, P.L.8, SEC.73. Amended by P.L.8-1993, SEC.152.