Indiana § 6-6-1.1-514 Sale or transfer of distributor's business; liability of purchaser or
transferee for any accrued unpaid tax, penalty, and interest

Indiana Statutes

§ 6-6-1.1-514 — Sale or transfer of distributor's business; liability of purchaser or transferee for any accrued unpaid tax, penalty, and interest

Indiana § 6-6-1.1-514

Art. 6MOTOR FUEL AND VEHICLE EXCISE TAXES

Ch. 1.1Gasoline Tax

This text of Indiana § 6-6-1.1-514 (Sale or transfer of distributor's business; liability of purchaser or transferee for any accrued unpaid tax, penalty, and interest) 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 § 6-6-1.1-514 (2026).

Text

If a distributor fails to give notice to the
administrator as required by section 512 of this chapter, the purchaser
or transferee of his business is liable to the state for all unpaid tax,
penalty, and interest accrued under this chapter against the distributor
through the date of sale or transfer. However, the purchaser's or
transferee's liability is limited to the value of the property and business
acquired from the distributor.
As added by Acts 1979, P.L.79, SEC.1.

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If a distributor fails to give notice to the
administrator as required by section 512 of this chapter, the purchaser
or transferee of his business is liable to the state for all unpaid tax,
penalty, and interest accrued under this chapter against the distributor
through the date of sale or transfer. However, the purchaser's or
transferee's liability is limited to the value of the property and business
acquired from the distributor.
As added by Acts 1979, P.L.79, SEC.1.