"Person related to" with respect to an organization
Ind. Code § 37-2-2-40
in effectSec. 40. "Person related to" with respect to an organization means:
(1) a person directly or indirectly controlling, controlled by, or under common control with the organization;
(2) a director, an executive officer, or a manager of the organization or a person performing similar functions with respect to the organization or to a person related to the organization;
(3) the spouse of a person related to the organization; and
(4) a relative by blood or marriage of a person related to the organization who shares the same home with the person.
[Pre-2026 Revision Citation: 24-4.5-1-301.5(35).]
As added by P.L.115-2026, SEC.97.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/37Fetched: 10/17/2026