Indiana § 6-6-6.5-10.4 Sale or transfer of taxable aircraft; notice to department; disclosures to
transferee

Indiana Statutes

§ 6-6-6.5-10.4 — Sale or transfer of taxable aircraft; notice to department; disclosures to transferee

Indiana § 6-6-6.5-10.4

Art. 6MOTOR FUEL AND VEHICLE EXCISE TAXES

Ch. 6.5Aircraft License Excise Tax

This text of Indiana § 6-6-6.5-10.4 (Sale or transfer of taxable aircraft; notice to department; disclosures to transferee) 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 § 6-6-6.5-10.4 (2026).

Text

4.

(a)Not later than thirty-one (31) days after a sale or transfer of ownership of a taxable aircraft, the transferring owner shall notify the department of the sale or transfer.

(b)If the transferring owner is a dealer, the transferring owner shall notify the department by submitting to the department one (1) of the following:

(1)A copy of the applicable department form (ST108AC or, if an out-of-state exemption is claimed, ST-137).

(2)A written list containing all the information contained on form ST108AC, including the complete name and address of seller and purchaser, date of sale, make, model, year, and Federal Aviation Administration N number of the new aircraft, a description of any trade-in allowed, and delivery information. If an exemption is claimed, the purchaser's certificat

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4. (a) Not later than thirty-one (31) days
after a sale or transfer of ownership of a taxable aircraft, the
transferring owner shall notify the department of the sale or transfer.
(b) If the transferring owner is a dealer, the transferring owner shall
notify the department by submitting to the department one (1) of the
following:
(1) A copy of the applicable department form (ST108AC or, if an
out-of-state exemption is claimed, ST-137).
(2) A written list containing all the information contained on form
ST108AC, including the complete name and address of seller and
purchaser, date of sale, make, model, year, and Federal Aviation
Administration N number of the new aircraft, a description of any
trade-in allowed, and delivery information. If an exemption is
claimed, the purchaser's certificate of exemption, whether by
submission of the ST-137 or by certified statement, shall also be
submitted.
(c) The trade-in, if any, shall be described by the Federal Aviation
Administration N number, serial number, make, model, year, and dollar
value allowed.
(d) With regard to sales and transfers, dealers shall comply with all
applicable gross retail and use tax statutes, rules, and procedures of the
department, including the calculation of selling price and limitations on
like-kind exchanges and requirements for proof of exemption. Failure
to comply or failure to provide proof of compliance to the department
may be cause for immediate revocation of the dealer's certificate.
However, the dealer has one hundred eighty (180) days to sell the
dealer's inventory.
(e) In addition to the other disclosures required by this chapter, a
dealer shall provide a transferee with an "Indiana application for
aircraft registration or exemption" form.