Ind. Code ch. 1-1-15.3

in effect

Ind. Code § 1-1-15.3-1 "Business entity"

Sec. 1. As used in this chapter, "business entity" means: (1) a corporation, professional corporation, nonprofit corporation, limited liability company, partnership, or limited partnership; or (2) the equivalent of any entity described in subdivision (1). As added by P.L.131-2026, SEC.1.

Ind. Code § 1-1-15.3-2 "Controlling person"

Sec. 2. As used in this chapter, "controlling person" means: (1) a beneficial owner (as defined in IC 23-1-20-3.5) of at least fifty-one percent (51%) of the shares of a business entity; (2) an officer, a director, or another individual who possesses inside information about a business entity because of the officer, director, or other individual's relationship with the business entity; or (3) a person, individually or as a member of a group, who has the ability to directly or indirectly affect a business entity's management or policies. As added by P.L.131-2026, SEC.1.

Ind. Code § 1-1-15.3-3 "Foreign adversary"

Sec. 3. As used in this chapter, "foreign adversary" includes the following: (1) The People's Republic of China. (2) The Russian Federation. (3) The People's Republic of North Korea. (4) The Islamic Republic of Iran. (5) A foreign government listed in 15 CFR 791.4. (6) A country designated as a threat to critical infrastructure by the governor under IC 1-1-16-8. As added by P.L.131-2026, SEC.1.

Ind. Code § 1-1-15.3-4 "Prohibited person"

Sec. 4. (a) As used in this chapter, "prohibited person" includes the following: (1) A business entity organized under the laws of a foreign adversary. (2) A business entity headquartered in a foreign adversary. (3) A business entity with a controlling person that is one (1) of the following: (A) An individual who is a citizen of a foreign adversary. (B) An individual who is domiciled in a foreign adversary. (C) A business entity or other entity, including a governmental entity, that is owned or controlled by an individual who is a citizen of or domiciled in a foreign adversary, or is directly controlled by the government of a foreign adversary. The term, as used in subdivision (3)(A) and (3)(B), does not include an individual who holds dual citizenship with a foreign adversary (as defined in 15 CFR 791.4) and the United States, an individual who is a citizen or lawful permanent resident of the United States, or an individual who has been granted asylum in the United States. (b) The term includes an agent, a trustee, or a fiduciary acting on behalf of a prohibited person. As added by P.L.131-2026, SEC.1.

Ind. Code § 1-1-15.3-5 "Qualified entity"

Sec. 5. As used in this chapter, "qualified entity" means any of the following: (1) The state. (2) A state agency (as defined in IC 1-1-15-3). (3) A political subdivision (as defined in IC 36-1-2-13). As added by P.L.131-2026, SEC.1.

Ind. Code § 1-1-15.3-6 "Technological product or service"

Sec. 6. (a) As used in this chapter, "technological product or service" means a product or service used for information systems, surveillance, light detection and ranging, or artificial intelligence. (b) The term does not include an unmanned aerial system. As added by P.L.131-2026, SEC.1.

Ind. Code § 1-1-15.3-7 Required contract provisions; breach of contract

Sec. 7. (a) After: (1) June 30, 2026, a new contract entered into; and (2) June 30, 2027, an existing contract amended or renewed; by a qualified entity for the provision of a technological product or service must contain a provision requiring the contractor to confirm that the contractor and any subcontractors working under the contract for the contractor are not prohibited persons. (b) A breach of the provisions under this section may be regarded as a material breach of the contract. As added by P.L.131-2026, SEC.1.

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/1Fetched: 10/17/2026