Ind. Code § 2-7-1-3.5
Current through P.L. 171-2024
"Family business" means a business entity in which an individual and the individual's spouse own at least eighty percent (80%) of the business, either of the voting stock or other measure of ownership of that type of business entity, regardless of whether all or a portion is owned jointly or severally.
IC 2-7-1-3.5