Indiana Code 6-1.1-1-12. “Political subdivision”
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Terms Used In Indiana Code 6-1.1-1-12
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
Sec. 12. “Political subdivision” means a county, township, city, town, separate municipal corporation, special taxing district, or school corporation.
[Pre-1975 Property Tax Recodification Citations: 6-1-1-26; 6-1-46-2.]
Formerly: Acts 1975, P.L.47, SEC.1.