IC 2-7-1-11 "Payment"
75 words·~1 min read·
/in/title-2-general-assembly/article-7-lobbyists/chapter-1-definitions/2-7-1-11·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 11.
(a)"Payment" means a payment, compensation, reimbursement, distribution, transfer, loan, advance, conveyance, deposit, gift, pledge, subscription, or other rendering of money, property, services, or anything else of value, whether tangible or intangible, and any contract, agreement, promise, or other obligation, whether or not legally enforceable, to make a payment.
(b)"Paid" means that payment has been made.
(c)"Pay" means the act of making a payment.
As added by Acts 1981, P.L.9, SEC.1.