Indiana Code 6-3.1-11-19.5. Requirement that applicant enter into agreement with the corporation as a condition of receiving tax credit
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Terms Used In Indiana Code 6-3.1-11-19.5
- 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.
- corporation: refers to the Indiana economic development corporation created under IC 5-28-3 unless the context clearly denotes otherwise. See Indiana Code 6-3.1-11-2.5
Sec. 19.5. If the corporation approves an application under this chapter, the corporation shall require the applicant to enter into an agreement with the corporation as a condition of receiving a tax credit under this chapter.
As added by P.L.204-2016, SEC.25.