Indiana Code > Title 23 > Article 18 > Chapter 3 – Relations of Members and Managers to Persons Dealing With a Limited Liability Company
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Terms Used In Indiana Code > Title 23 > Article 18 > Chapter 3 - Relations of Members and Managers to Persons Dealing With a Limited Liability Company
- Contract: A legal written agreement that becomes binding when signed.
- Fraud: Intentional deception resulting in injury to another.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.