Indiana Code 6-1.1-8-2. Definitions
(1) The term “bridge company” means a company which owns or operates a toll bridge or an approach or facility operated in connection with such a bridge.
Terms Used In Indiana Code 6-1.1-8-2
- 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.
- Fiduciary: A trustee, executor, or administrator.
- Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- property: includes both tangible and intangible property. See Indiana Code 6-1.1-8-2
- public utility company: means a company which is subject to taxation under this chapter regardless of whether the company is operated by an individual, a partnership, an association, a corporation, a limited liability company, a fiduciary, or any other entity. See Indiana Code 6-1.1-8-2
- system: means all property owned or used by a public utility company or companies and operated as one (1) unit in furnishing a public utility service. See Indiana Code 6-1.1-8-2
- utility grade solar energy installation facility: means a renewable utility grade solar electricity facility that is used for the purpose of generating solar electricity for resale to consumers. See Indiana Code 6-1.1-8-2
(3) The term “definite situs” means a permanent location in one (1) taxing district or a customary location for use in one (1) taxing district.
(4) The term “express company” means a company which is engaged in the business of transporting property by land, air, or water, and which does not itself operate the vehicles (except for terminal pickup and delivery vehicles) of transportation.
(5) The term “light, heat, or power company” means a company which is engaged in the business of furnishing light, heat, or power by electricity, gas, or steam. The term includes a utility grade solar energy installation facility.
(6) The term “pipe line company” means a company which is engaged in the business of transporting or transmitting any gas or fluid (except water) through pipes.
(7) The term “property” includes both tangible and intangible property.
(8) The term “public utility company” means a company which is subject to taxation under this chapter regardless of whether the company is operated by an individual, a partnership, an association, a corporation, a limited liability company, a fiduciary, or any other entity.
(9) The term “railroad company” means a company which owns or operates:
(i) a steam or electric railroad;
(ii) a suburban or interurban railroad;
(iii) a switching or terminal railroad;
(iv) a railroad station, track, or bridge; or
(v) a facility which is part of a railroad system.
(10) The term “railcar company” means a company (other than a railroad company) which owns or operates cars for the transportation of property on railroads.
(11) The term “sleeping car company” means a company (other than a railroad company) which owns or operates cars for the transportation of passengers on railroads.
(12) The term “solar land base rate” means the solar land base rates determined under section 24.5 of this chapter.
(13) The term “street railway company” means a company which operates a passenger transportation business principally within one (1) or more municipalities regardless of whether the transportation vehicles operate on tracks, by means of electric power transmitted through wires, or by means of automotive equipment.
(14) The term “system” means all property owned or used by a public utility company or companies and operated as one (1) unit in furnishing a public utility service.
(15) The term “telephone, telegraph, or cable company” means a company which is principally engaged in the business of communicating by electrical transmission.
(16) The term “tunnel company” means a company which owns or operates a toll tunnel.
(17) The term “unit value” means the total value of all the property owned or used by a public utility company.
(18) The term “utility grade solar energy installation facility” means a renewable utility grade solar electricity facility that is used for the purpose of generating solar electricity for resale to consumers.
(19) The term “water distribution company” means a company which is engaged in the business of selling or distributing water by pipe, main, canal, or ditch.
(20) The term “north region” means the region of the state consisting of Adams County, Allen County, Benton County, Blackford County, Carroll County, Cass County, DeKalb County, Elkhart County, Fulton County, Grant County, Howard County, Huntington County, Jasper County, Jay County, Kosciusko County, LaGrange County, Lake County, LaPorte County, Marshall County, Miami County, Newton County, Noble County, Porter County, Pulaski County, St. Joseph County, Starke County, Steuben County, Wabash County, Wells County, White County, and Whitley County.
(21) The term “central region” means the region of the state consisting of Boone County, Clay County, Clinton County, Delaware County, Fayette County, Fountain County, Franklin County, Hamilton County, Hancock County, Hendricks County, Henry County, Johnson County, Madison County, Marion County, Montgomery County, Morgan County, Owen County, Parke County, Putnam County, Randolph County, Rush County, Shelby County, Tippecanoe County, Tipton County, Union County, Vermillion County, Vigo County, Warren County, and Wayne County.
(22) The term “south region” means the region of the state consisting of Bartholomew County, Brown County, Clark County, Crawford County, Daviess County, Dearborn County, Decatur County, Dubois County, Floyd County, Gibson County, Greene County, Harrison County, Jackson County, Jefferson County, Jennings County, Knox County, Lawrence County, Martin County, Monroe County, Ohio County, Orange County, Perry County, Pike County, Posey County, Ripley County, Scott County, Spencer County, Sullivan County, Switzerland County, Vanderburgh County, Warrick County, and Washington County.
[Pre-1975 Property Tax Recodification Citation: 6-1-44-3 part.]
Formerly: Acts 1975, P.L.47, SEC.1. As amended by Acts 1977, P.L.2, SEC.10; Acts 1981, P.L.66, SEC.1; Acts 1982, P.L.43, SEC.1; P.L.64-1983, SEC.1; P.L.59-1985, SEC.1; P.L.8-1993, SEC.79; P.L.38-2021, SEC.8; P.L.191-2021, SEC.1.