§ 23-4-1-2 — Definitions

Indiana § 23-4-1-2

• Jurisdiction: Indiana
• Title 23: BUSINESS AND OTHER ASSOCIATIONS
• Art. 4: PARTNERSHIPS
• Ch. 1: Uniform Partnership Act

Text

In this chapter:
"Court" includes every court and judge having jurisdiction in the
case.
"Business" includes every trade, occupation, or profession.
"Person" includes individuals, partnerships, limited liability
companies, corporations, and other associations.
"Bankrupt" includes bankrupt under federal bankruptcy laws or
insolvent under any state insolvent statute.
"Conveyance" includes every assignment, lease, mortgage, or
encumbrance.
"Foreign limited liability partnership" means a limited liability
partnership formed under an agreement governed by the laws of a
jurisdiction other than Indiana and registered under the laws of the
jurisdiction.
"Limited liability partnership" means a partnership formed under an
agreement governed by the laws of this state, registered under and
complying with IC 23-0.5 and sections 45 through 46 of this chapter,
and having a name that contains the words "Limited Liability
Partnership" or the abbreviation "L.L.P." or "LLP" as the last words or
letters of its name.
"Real property" includes land and any interest or estate in land.
Formerly: Acts 1949, c.114, s.2. As amended by P.L.34-1987,
SEC.287; P.L.8-1993, SEC.317; P.L.230-1995, SEC.1; P.L.118-2017,
SEC.33.