Indiana § 21-34-8-3 Tax exemption

Indiana Statutes

§ 21-34-8-3 — Tax exemption

Indiana·Title 21 HIGHER EDUCATION·Art. 34 STATE EDUCATIONAL INSTITUTIONS:·Ch. 8 Bonds: Liability for Debt; Tax Exempt Status; Eligibility

All:

(1)the:

(A)property acquired under authority of this article or used for the purposes provided for in this article; and

(B)income from property described in clause (A); are exempt from all taxation in Indiana; and

(2)bonds issued under the authority of this article, the interest on the bonds, and the proceeds of the bonds are exempt from taxation to the extent provided in IC 6-8-5. [Pre-2007 Higher Education Recodification Citation: 20-12-6-11.]

Free access — add to your briefcase to read the full text and ask questions with AI

All:
(1) the:
(A) property acquired under authority of this article or used for
the purposes provided for in this article; and
(B) income from property described in clause (A);
are exempt from all taxation in Indiana; and
(2) bonds issued under the authority of this article, the interest on
the bonds, and the proceeds of the bonds are exempt from
taxation to the extent provided in IC 6-8-5.
[Pre-2007 Higher Education Recodification Citation:
20-12-6-11.]

Indiana § 21-34-8-3 (Tax exemption) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.