Indiana Statutes
§ 6-1.1-8-16 — Tunnel companies
Indiana § 6-1.1-8-16
This text of Indiana § 6-1.1-8-16 (Tunnel companies) 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 § 6-1.1-8-16 (2026).
Text
(a)The fixed property of a tunnel company
consists of real property which is not part of a right-of-way of the
company. The remainder of the tunnel company's property is
distributable property.
(b)A tunnel company's definite-situs distributable property consists
of the company's tunnels and rights-of-way.
(c)A tunnel company's property which is not described in
subsection (a) or (b) is indefinite-situs distributable property. The
department of local government finance shall apportion and distribute
the assessed valuation of this property among the taxing districts in
which the company has property that is described in either subsection
(a)or (b). The amount which the department of local government
finance shall distribute to a taxing district equals the product of (1) the
total assesse
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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"§ 6-1.1-1-12
"Political subdivision"§ 6-1.1-1-13
Repealed§ 6-1.1-1-14
"Property taxation"§ 6-1.1-1-15
"Real property"§ 6-1.1-1-16
"School corporation"§ 6-1.1-1-17
"Special assessment"§ 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"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 6-1.1-8-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-1.1-8-16.