Indiana § 5-1.2-7-11 Public property; tax exemption

Indiana Statutes

§ 5-1.2-7-11 — Public property; tax exemption

Indiana § 5-1.2-7-11

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1.2INDIANA FINANCE AUTHORITY

Ch. 7Health Facility Financing

This text of Indiana § 5-1.2-7-11 (Public property; tax exemption) 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 § 5-1.2-7-11 (2026).

Text

All property acquired or held by the authority
under this chapter is declared to be public property used for public and
governmental purposes, and all property, income from the property and
bonds issued under this chapter, interest payable on the bonds and
income derived from the bonds, are exempt from all taxes, direct or
indirect, imposed by the state, any county, any city, or any political
subdivision of the state.

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All property acquired or held by the authority
under this chapter is declared to be public property used for public and
governmental purposes, and all property, income from the property and
bonds issued under this chapter, interest payable on the bonds and
income derived from the bonds, are exempt from all taxes, direct or
indirect, imposed by the state, any county, any city, or any political
subdivision of the state.