Indiana § 21-35-7-12 - Tax exemption
Full text of Indiana Indiana Code § 21-35-7-12 — Tax exemption, with citation guidance and answers to common questions.
§ 21-35-7-12. Tax exemption
Sec. 12. All payments received by a state educational institution under a financing agreement authorized by this chapter are exempt from all taxation.
[Pre-2007 Higher Education Recodification Citation: 20-12-1.5-7.]
As added by P.L.2-2007, SEC.276.
IC 21-36ARTICLE 36. STATE EDUCATIONAL INSTITUTIONS: DISPOSITION OF PROPERTY
Ch. 1.General Provisions; Definitions Ch. 2.Disposition of Property to a Trust Ch. 3.Sale of Real Estate Ch. 4.Monetizing Capital Assets Ch. 5.Transfer of Intellectual Property
IC 21-36-1Chapter 1. General Provisions; Definitions
21-36-1-1Definitions 21-36-1-1.3"Foreign adversary" 21-36-1-1.5"Intellectual property" 21-36-1-2"Political subdivision" 21-36-1-2.3"Prohibited person" 21-36-1-3"State agency" 21-36-1-4"Trust"
Frequently Asked Questions About Indiana § 21-35-7-12
What does Indiana Code § 21-35-7-12 cover?
Section 21-35-7-12 ("Tax exemption") 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 § 21-35-7-12?
A common citation format is "Indiana Code § 21-35-7-12" (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 § 21-35-7-12 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.