Indiana Code
Chapter 8. Capital Improvement Boards in Certain Counties
36-10-8-18. Tax Exemption

Sec. 18. All property owned or used and all income and revenues received by the board are exempt from special assessments and taxation in Indiana for all purposes.
As added by Acts 1982, P.L.218, SEC.3.

Structure Indiana Code

Indiana Code

Title 36. Local Government

Article 10. Recreation, Culture, and Community Facilities

Chapter 8. Capital Improvement Boards in Certain Counties

36-10-8-1. Application of Chapter

36-10-8-2. Definitions

36-10-8-3. Continuation; Creation; Authority to Finance Capital Improvements

36-10-8-4. Membership; Terms; Vacancies; Removal; Oath; Reimbursement of Expenses

36-10-8-5. Organizational Meeting; Officers; Bylaws; Quorum; Approval of Actions

36-10-8-6. Name; Powers

36-10-8-7. Additional Powers

36-10-8-8. Budget; Preparation; Review

36-10-8-9. Deposit of Net Income From Operation of Capital Improvements

36-10-8-10. Payment of Certain Operational Expenses From Capital Improvement Fund

36-10-8-11. Handling and Expenditure of Funds; Treasurer; Controller; Reports; Audits

36-10-8-12. Capital Improvement Fund; Deposit of Tax Revenues; Expenditures

36-10-8-13. Capital Improvement Bond Fund; Amount of Revenue to Be Deposited; Excess Revenues; Use of Funds

36-10-8-14. Revenue Bonds; Authority to Issue; Procedure

36-10-8-15. Bonds; Covenant With Purchasers; Continuation of Statute

36-10-8-16. General Obligation Bonds; Authority to Issue; Procedure

36-10-8-17. Bonds; Application of Proceeds to Construction Cost; Deposit in Reserve Subaccount

36-10-8-18. Tax Exemption

36-10-8-19. Joint and Cooperative Planning, Financing, Construction, Operation, and Maintenance Agreements

36-10-8-20. Dissolution of Boards Created Under Ic 18-7-18; Escheat of Funds

36-10-8-21. Capital Improvement Board of Managers Operations; Annual Report