Ind. Code § 23-1-43-16

Current through P.L. 171-2024

Section 23-1-43-16 - "Subsidiary" defined

As used in this chapter, "subsidiary" of any resident domestic corporation means any other corporation of which a majority of the outstanding voting shares entitled to be cast are owned (directly or indirectly) by the resident domestic corporation.

IC 23-1-43-16

As added by P.L. 149-1986, SEC.27. Amended by P.L. 5-1988, SEC.123.