Indiana Statutes
§ 20-47-3-15 — Exemption of lessor corporation property from taxes
Indiana § 20-47-3-15
JurisdictionIndiana
Title 20EDUCATION
Art. 47RELATED ENTITIES; HOLDING COMPANIES;
Ch. 3Private Holding Companies
This text of Indiana § 20-47-3-15 (Exemption of lessor corporation property from taxes) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 20-47-3-15 (2026).
Text
School buildings leased by a lessor
corporation entering into a lease with a school corporation or
corporations under this chapter are exempt from all state, county, and
other taxes. However, the rental payments to a lessor corporation under
the terms of such a lease are subject to all applicable taxes under
Indiana law.
[Pre-2006 Recodification Citation: 21-5-12-10.]
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
As added by P.L.2-2006, SEC.170.
Nearby Sections
15
§ 20-17-1-1
"Prior law"§ 20-17-1-2
Purpose of recodification§ 20-17-1-3
Statutory construction of recodification§ 20-17-1-4
Effect of recodification§ 20-17-1-5
Recodification of prior law§ 20-17-1-6
References to repealed statutes§ 20-17-1-7
References to citations§ 20-17-1-8
References to prior rules§ 20-17-1-9
References to prior law§ 20-17-2-1
"Prior law"§ 20-17-2-2
Purpose of recodification§ 20-17-2-3
Statutory construction of recodification§ 20-17-2-4
Effect of recodification§ 20-17-2-5
Recodification of prior law§ 20-17-2-6
References to repealed statutesCite This Page — Counsel Stack
Bluebook (online)
Indiana § 20-47-3-15, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/20-47-3-15.