Indiana Code 36-10-10-24. Tax exemption
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Sec. 24. All:
(2) revenues of the authority; and
(1) property owned by the authority;
Terms Used In Indiana Code 36-10-10-24
- Authority: refers to a civic center building authority created under this chapter. See Indiana Code 36-10-10-2
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(3) bonds or other securities issued by the authority, the interest on them, the proceeds received by a holder from the sale of bonds to the extent of the holder’s cost of acquisition, proceeds received upon redemption prior to maturity, proceeds received at maturity, and the receipt of interest and proceeds;
are exempt from taxation in Indiana for all purposes except the financial institutions tax imposed under IC 6-5.5.
As added by Acts 1982, P.L.218, SEC.4. Amended by P.L.21-1990, SEC.59; P.L.254-1997(ss), SEC.36; P.L.79-2017, SEC.88.