Indiana Code 7.1-3-1-26. Sales among collectors
Current as of: 2023 | Check for updates
|
Other versions
Sec. 26. No permit is required for the sale, purchase, or gift by a collector to another collector of a container that is:
(2) a uniquely designed decanter.
(1) a ceramic commemorative bottle; or
Terms Used In Indiana Code 7.1-3-1-26
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
An unbroken federal tax stamp must be on the container at the time of the sale, purchase, or gift.
As added by P.L.57-1984, SEC.5.