{"data":{"id":"us-in/ic-1-1-15.3-2","jurisdiction":"us-in","citation":"IC 1-1-15.3-2","heading":"\"Controlling person\"","body":"Sec. 2. As used in this chapter, \"controlling person\" means:\n(1) a beneficial owner (as defined in IC 23-1-20-3.5) of at least fifty-one percent (51%) of the shares of a business entity;\n(2) an officer, a director, or another individual who possesses inside information about a business entity because of the officer, director, or other individual's relationship with the business entity; or\n(3) a person, individually or as a member of a group, who has the ability to directly or indirectly affect a business entity's management or policies.","path":["TITLE 1. GENERAL PROVISIONS","ARTICLE 1. LAWS GOVERNING THE STATE","Chapter 15.3. Prohibition on Technology Contracts with Certain Foreign Owned Companies"],"source_url":"https://iga.in.gov/ic/2026/Title_1.html#1-1-15.3-2","current_through":"2026","vintage":"2026","retrieved_at":"2026-06-30T21:27:13Z","sha256":"7256e5de02066c80af55fc255558ab947b0643d8fee2223c7a43d2fc57bd66d5","source_id":"us-in","stale":false,"prev":"us-in/ic-1-1-15.3-1","next":"us-in/ic-1-1-15.3-3"},"notice":"GroundRules: Original legal text. Not legal advice."}