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Ind. Code § 6-2.5-15-19

Continuing effect of specific transaction award certificate following transfer or sale of qualified data center

As added by P.L.256-2019, SEC.2.

Note: This version of section effective until 1-1-2026. See also following version of this section, effective 1-1-2026.

Sec. 19. Except as provided in section 18 of this chapter, if the corporation approves a qualified data center user's application to receive a specific transaction award certificate and enters into an agreement with the qualified data center user for a specific transaction award certificate, the corporation's certification of the qualified data center remains in effect, even if there is a future transfer, sale, or disposition, directly or indirectly, of the qualified data center. A subsequent owner shall enter into an agreement with the corporation before the subsequent owner is entitled to receive a specific transaction award certificate for the remainder of the eligibility period.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.