Indiana Statutes
§ 8-21-12-17 — Loan contracts; tax exemptions
Indiana § 8-21-12-17
This text of Indiana § 8-21-12-17 (Loan contracts; tax exemptions) 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 § 8-21-12-17 (2026).
Text
Any loan contract issued under this chapter
is issued by a body corporate and politic of this state, but not a state
agency, and for essential public and governmental purposes. A loan
contract, the interest on it, the proceeds received by a holder from the
sale of a loan contract to the extent of the holder's cost of acquisition,
the proceeds received upon redemption before maturity, the proceeds
received at maturity, and the receipt of the interest and proceeds are
exempt from taxation as provided in IC 6-8-5.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
As added by P.L.28-1991, SEC.2.
Nearby Sections
15
§ 8-1-1-11
Staff of commission§ 8-1-1-12
Repealed§ 8-1-1-13
Repealed§ 8-1-1-14
Annual report§ 8-1-1-15
Implementing rules; duration§ 8-1-1-16
Commission to consider effect of governmental requirements upon
utility's operational expenses§ 8-1-1-4
Repealed§ 8-1-1-4.1
Payment of expenses§ 8-1-1-6
RepealedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 8-21-12-17, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-21-12-17.