Indiana Code > Title 5 > Article 22 > Chapter 8 – Small Purchases
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Other versions
§ 5-22-8-1 | Applicability of chapter |
§ 5-22-8-1.5 | Purchases from a youth agricultural education program |
§ 5-22-8-2 | Purchases below $50,000 |
§ 5-22-8-3 | Purchases between $50,000 and $150,000 |
Terms Used In Indiana Code > Title 5 > Article 22 > Chapter 8 - Small Purchases
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5