Indiana Statutes

§ 6-1.1-18-7 — Insurance funds; appropriations

Indiana § 6-1.1-18-7
JurisdictionIndiana
Art. 1.1PROPERTY TAXES
Ch. 18Limitations on Property Tax Rates and Appropriations

This text of Indiana § 6-1.1-18-7 (Insurance funds; appropriations) 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 § 6-1.1-18-7 (2026).

Text

Notwithstanding the other provisions of this chapter, the fiscal officer of a political subdivision may appropriate funds received from a person (as defined in IC 6-1.1-1-10) if:

(1)the funds are received as a result of damage to property of the political subdivision; and
(2)the funds are appropriated for the purpose of repairing or replacing the damaged property. However, this section applies only if the funds are in fact expended to repair or replace the property within the twelve (12) month period after they are received. [Pre-1975 Property Tax Recodification Citation: 6-1-1-24 part.] Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.173-2003, SEC.8; P.L.164-2019, SEC.2.

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Nearby Sections

15
§ 6-1.1-1-1
Applicability
§ 6-1.1-1-1.5
"Assessing official"
§ 6-1.1-1-10
"Person"
§ 6-1.1-1-11
"Personal property"
§ 6-1.1-1-13
Repealed
§ 6-1.1-1-14
"Property taxation"
§ 6-1.1-1-15
"Real property"
§ 6-1.1-1-18
"State agency"
§ 6-1.1-1-19
"Tangible property"
§ 6-1.1-1-2
"Assessment date"
§ 6-1.1-1-20
"Taxing district"
§ 6-1.1-1-21
"Taxing unit"
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Bluebook (online)
Indiana § 6-1.1-18-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-1.1-18-7.