Indiana § 16-22-6-34 - Exemption from state taxation
Full text of Indiana Indiana Code § 16-22-6-34 — Exemption from state taxation, with citation guidance and answers to common questions.
§ 16-22-6-34. Exemption from state taxation
Sec. 34. The following are exempt from state taxation except for the financial institutions tax imposed under IC 6-5.5:
(1) Property owned by the authority.
(2) Revenues of the authority.
(3) Bonds or other securities and the interest on bonds and securities issued by the authority.
(4) Proceeds received by a holder from the sale of the bonds, to the extent of the holder's cost of acquisition.
(5) Proceeds received upon redemption at or before maturity and the interest on the proceeds.
[Pre-1993 Recodification Citation: 16-12-20-22.]
As added by P.L.2-1993, SEC.5. Amended by P.L.254-1997(ss), SEC.23; P.L.79-2017, SEC.65.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 16-22-6-34
What does Indiana Code § 16-22-6-34 cover?
Section 16-22-6-34 ("Exemption from state taxation") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 16-22-6-34?
A common citation format is "Indiana Code § 16-22-6-34" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 16-22-6-34 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.