"Interest holder liability"

Ind. Code § 23-0.6-1.5-16, under Definitions.

Ind. Code § 23-0.6-1.5-16

Sec. 16. "Interest holder liability" means: (1) personal liability for a liability of an entity that is imposed on a person: (A) solely by reason of the status of the person as an interest holder; or (B) by the organic rules of the entity which make one (1) or more specified interest holders liable in their capacity as interest holders for all or specified liabilities of the entity; or

(2) an obligation of an interest holder under the organic rules of an entity to contribute to the entity. As added by P.L.118-2017, SEC.6.