Indiana Statutes

§ 8-25-3-8 — Purchase of equipment as an operating expense

Indiana § 8-25-3-8
JurisdictionIndiana
Art. 25CENTRAL INDIANA PUBLIC
Ch. 3Funding for Central Indiana Public Transportation

This text of Indiana § 8-25-3-8 (Purchase of equipment as an operating expense) 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 § 8-25-3-8 (2026).

Text

For purposes of this chapter, IC 36-9-2-2(b), and IC 36-9-4-58(b), the purchase of equipment or other personal property is considered an operating expense if the equipment or other personal property has a useful life of less than three (3) years.

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Legislative History

As added by P.L.153-2014, SEC.17.

Nearby Sections

15
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Bluebook (online)
Indiana § 8-25-3-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-25-3-8.