Sec. 10. The refunding bonds and the income therefrom shall be exempt from taxation, except the financial institutions tax and inheritance, estate and transfer taxes.
Ind. Code § 5-1-6-10
Exemption from taxation; exception
Known as the The Revenue Bond Refinancing Law
The act spans §§ 5-1-6-1 to 5-1-6-9 (16 sections).
As added by Acts 1980, P.L.8, SEC.10
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.