Indiana Code 6-1.1-10-19. Public libraries
Current as of: 2023 | Check for updates
|
Other versions
Sec. 19. Tangible property is exempt from property taxation if it is:
(2) used exclusively for public library purposes.
(1) owned by a corporation which has established a public library under Indiana law; and
Terms Used In Indiana Code 6-1.1-10-19
- 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
[Pre-1975 Property Tax Recodification Citation: 6-1-1-2(18).]
Formerly: Acts 1975, P.L.47, SEC.1.