"Interest"

Ind. Code § 23-0.5-1.5-16
in effect
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Sec. 16. "Interest" means: (1) a share in a business corporation; (2) a membership in a nonprofit corporation; or (3) a governance interest or economic interest in any other type of unincorporated entity. As added by P.L.118-2017, SEC.5. Amended by P.L.52-2018, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/23Fetched: 10/17/2026

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