Terms Used In Indiana Code 6-1.1-22-1

  • Personal property: includes goods, chattels, evidences of debt, and things in action. See Indiana Code 1-1-4-5
  • Personal property: All property that is not real property.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
   Sec. 1. Except as otherwise provided by law, it is sufficient for purposes of assessment and taxation to describe personal property on all records and notices by using the words “personal property” to include all types of personal property assessed to a person under this article.

[Pre-1975 Property Tax Recodification Citation: 6-1-51-5.]

Formerly: Acts 1975, P.L.47, SEC.1.