"Business entity" refers to any of the following:
- (1) A sole proprietorship.
- (2) A professional practice.
- (3) An unincorporated association.
- (4) A partnership.
- (5) A limited partnership.
- (6) A limited liability partnership.
- (7) A corporation.
- (8) A professional corporation.
- (9) A limited liability company.
- (10) A trust.
- (11) A business trust.
- (12) A real estate investment trust.
- (13) Any other form of organization permitted under Indiana law for business purposes.
As added by P.L.123-2015, SEC.2.