Sec. 14. All property owned by a lessor corporation contracting with a municipal corporation or corporations under this chapter and all stock and other securities, including the interest or dividends issued by a lessor corporation, are exempt from all state, county, and other taxes, excluding the financial institutions tax and the inheritance taxes.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-14-10-14.]
As added by P.L.1-2005, SEC.49. Amended by P.L.42-2018, SEC.59.
Structure Indiana Code
Chapter 10. Leasing of Library Property
36-12-10-1. Application of Chapter
36-12-10-2. Power to Lease Library Buildings; Conditions; Joint Lease Contracts
36-12-10-3. Authorized Purposes of Leases; Limitations on Profit; Disposition of Excess Funds
36-12-10-4. Provisions of Lease
36-12-10-5. Submission of Plans and Specifications to Certain State Agencies; Approval
36-12-10-6. Authorized Provisions of Lease; Payment of Taxes, Insurance, and Repairs
36-12-10-7. Leases in Anticipation of Completion of Building; Bond
36-12-10-8. Notice and Hearing on Terms and Conditions of Proposed Lease
36-12-10-10. Applicability; Title to Real Property; Sale; Procedure
36-12-10-12. General Obligation Bonds