Terms Used In Indiana Code > Title 27 > Article 2 > Chapter 18 - Disclosure of Material Transactions

• asset acquisition: includes every purchase, lease, exchange, merger, consolidation, succession, or other acquisition. See Indiana Code 27-2-18-1
• asset disposition: includes every sale, lease, exchange, merger, consolidation, mortgage, hypothecation, assignment (whether for the benefit of creditors or otherwise), abandonment, destruction, or other disposition. See Indiana Code 27-2-18-2
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• 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.
• Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
• material acquisition: means an asset acquisition or a series of related asset acquisitions during any thirty (30) day period that:

  Indiana Code 27-2-18-4

• material disposition: means an asset disposition or a series of related asset dispositions during any thirty (30) day period that:

  Indiana Code 27-2-18-5

• Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• Property: includes personal and real property. See Indiana Code 1-1-4-5
• Subpoena: A command to a witness to appear and give testimony.
• Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5