Indiana Statutes
§ 21-16-5-12 — Tax exemption for principal and interest
Indiana·Title 21 HIGHER EDUCATION·Art. 16 EARN INDIANA PROGRAM; STUDENT LOANS;·Ch. 5 Secondary Market for Guaranteed Student Loans
The principal of and the interest on bonds
and notes issued by the corporation under this chapter are exempt from
taxation of every kind by the state and by the municipalities and other
political subdivisions of the state.
[Pre-2007 Higher Education Recodification Citation:
20-12-21.2-5.]
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Legislative History
As added by P.L.2-2007, SEC.257. Amended by P.L.79-2017,
SEC.69.
Nearby Sections
15
§ 21-12-1-1
Definitions§ 21-12-1-10
"Frank O'Bannon grant"§ 21-12-1-11
"Fund"§ 21-12-1-11.5
"Prior learning assessment"§ 21-12-1-12
Repealed§ 21-12-1-13
"Program"§ 21-12-1-14
"Scholarship"§ 21-12-1-15
"Scholarship applicant"§ 21-12-1-16
"Scholarship recipient"§ 21-12-1-2
"Academic term"§ 21-12-1-3
"Academic year"§ 21-12-1-4
"Active duty"§ 21-12-1-4.5
"Adult student grant"§ 21-12-1-5
"Approved secondary school"§ 21-12-1-6
"Commission"