Indiana Statutes

§ 24-5-12-3 — "Owner" defined

Indiana·Art. 5 CONSUMER SALES·Ch. 12 Telephone Solicitations
As used in this chapter, "owner" means a person who owns or controls ten percent (10%) or more of the equity of a seller, or otherwise has a claim to ten percent (10%) or more of the net income of a seller.

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Legislative History

As added by P.L.253-1987, SEC.1.

Nearby Sections

15
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