Indiana § 36-10-16-35 - Tax exempt; exception
Full text of Indiana Indiana Code § 36-10-16-35 — Tax exempt; exception, with citation guidance and answers to common questions.
§ 36-10-16-35. Tax exempt; exception
Sec. 35. (a) All:
(1) property owned by the commission or lease interest of the commission; and
(2) revenue of the commission;
are exempt from taxation in Indiana for all purposes except the financial institutions tax imposed under IC 6-5.5.
(b) A contractor may issue an exemption certificate under IC 6-2.5-8-8 to a vendor when purchasing tangible personal property to be incorporated into real property on land owned or leased by the commission located in the district.
(c) All securities issued under this chapter are exempt from the registration requirements of IC 23-19 and other securities registration statutes.
As added by P.L.141-2025, SEC.1.
Frequently Asked Questions About Indiana § 36-10-16-35
What does Indiana Code § 36-10-16-35 cover?
Section 36-10-16-35 ("Tax exempt; exception") 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 § 36-10-16-35?
A common citation format is "Indiana Code § 36-10-16-35" (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 § 36-10-16-35 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.