Indiana Code 15-13-10-10. Exemption of interest from taxes
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Terms Used In Indiana Code 15-13-10-10
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
Sec. 10. Interest paid on bonds issued under this chapter is exempt from taxation for all purposes, except for determining financial institution tax liabilities under IC 6-5.5.
[Pre-2008 Recodification Citation: 15-1.5-9-9.]
As added by P.L.2-2008, SEC.4. Amended by P.L.79-2017, SEC.64.