"Foreign entity"
Ind. Code § 24-4-25.5-1
in effectSec. 1. As used in this chapter, "foreign entity" means:
(1) a foreign government;
(2) one (1) or more individuals who are not United States citizens or permanent residents;
(3) an organization that:
(A) is an instrumentality of; or
(B) is controlled by;
a foreign government; or
(4) an organization with regard to which five percent (5%) or more of the:
(A) fair market value;
(B) market capitalization; or
(C) total voting rights;
are owned by a foreign government, by an individual described in subdivision (2), by an organization described in subdivision (3), or by any other entity organized under the laws of a foreign government.
As added by P.L.132-2025, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/24Fetched: 10/17/2026