Indiana Code 8-16-3.5-9. Tax exemption

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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.

Sec. 9. All bridges leased by a lessor corporation contracting with a county under this chapter are exempt from all state, county, and other taxes.

Formerly: Acts 1975, P.L.92, SEC.2. As amended by P.L.86-1988, SEC.32.