Indiana Code 6-1.1-10-26. County or district agricultural associations
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Sec. 26. (a) Subject to the limitations contained in subsection (b), the following tangible property is exempt from property taxation if it is owned by a county or district agricultural association of this state:
(2) The improvements situated on the tract of land.
(1) A tract of land not exceeding eighty (80) acres.
Terms Used In Indiana Code 6-1.1-10-26
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(b) This exemption does not apply unless:
(1) the association is organized under IC 15-14-3-1; and
(2) the property is exclusively used and occupied for the purposes specified in IC 15-14-3-1.
[Pre-1975 Property Tax Recodification Citation: 6-1-1-2(7) part.]
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.86-2018, SEC.40.