The following definitions apply throughout this chapter:
- (1) "Group of affiliated persons" means a group of persons in which each person of the group has a relationship that is described in Section 267(b) of the Internal Revenue Code with at least one (1) other person of the group.
- (2) "Person" means an individual, a corporation, a limited liability company, a partnership, or other legal entity.
- (3) "Substantial property interest of public record" has the meaning set forth in IC 6-1.1-24-1.9 .
As added by P.L.236-2015, SEC.3.