Sec. 2. For purposes of this chapter, the "management" of an urban mass transportation system is:
(1) the board of directors, for a corporation;
(2) the majority of the partners, for a partnership in which the partners have equal rights in the management and control of the partnership business;
(3) the partners having a controlling interest, for other partnerships;
(4) the proprietor, for an individual proprietorship; or
(5) the managers, if any, or members of a limited liability company.
[Pre-Local Government Recodification Citation: 19-5-2-3 part.]
As added by Acts 1981, P.L.309, SEC.77. Amended by P.L.8-1993, SEC.518.
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