Indiana Code 6-2.5-1-20.2. “Industrial processor”
Current as of: 2024 | Check for updates
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Sec. 20.2. “Industrial processor” means a person that:
(2) provides industrial processing services, including enameling or plating, on the property; and
(1) acquires tangible personal property owned by another person;
Terms Used In Indiana Code 6-2.5-1-20.2
- Personal property: All property that is not real property.
- Personal property: includes goods, chattels, evidences of debt, and things in action. See Indiana Code 1-1-4-5
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(3) transfers the property back to the owner to be sold by that owner either in the same form or as a part of other tangible personal property produced by that owner in the owner’s business of manufacturing, assembling, constructing, refining, or processing.
As added by P.L.239-2017, SEC.2.