Indiana Code 24-4-12-9. Receipts required
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Sec. 9. An unused property merchant shall maintain receipts for the purchase of new and unused property. A receipt must contain the following information:
(2) The name and address of the person, corporation, or entity from whom the new and unused property was acquired.
(1) The date of the transaction.
Terms Used In Indiana Code 24-4-12-9
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- new and unused property: means tangible personal property that:
Indiana Code 24-4-12-4
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- unused property merchant: means a person, other than a vendor or a merchant with an established retail store in the county, who transports an inventory of goods to a building, vacant lot, or other unused property market location and who, at that location, displays the goods for sale and sells the goods at retail or offers the goods for sale at retail. See Indiana Code 24-4-12-3
(3) An identification and description of the new and unused property acquired.
(4) The price paid for the new and unused property.
(5) The signature of the seller and buyer of the new and unused property.
As added by P.L.99-1999, SEC.1.