Sec. 150.3. (a) “Recycling facility” means a person, firm, limited liability company, corporation, or other legal entity that, in the course of business, engages in the acquisition and dismantling or demolition of vehicles, motorcycles, semitrailers, or recreational vehicles or their remains for the benefit of reusable components and parts or recyclable materials.

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Terms Used In Indiana Code 9-13-2-150.3

  • 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.
  • Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
     (b) The term includes the following enterprises:

(1) An automotive salvage recycler.

(2) A hulk crusher.

(3) A scrap metal processor that processes at least five (5) vehicles during a twelve (12) month period.

As added by P.L.151-2015, SEC.14.