Indiana Code § 20-47-2-21

Exemption of lessor corporation property from taxes
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Sec. 21. Property owned by a lessor corporation entering into a lease with a school corporation or corporations under this chapter, and all stock and other securities (including the interest or dividends) issued by a lessor corporation, are exempt from all state, county, and other taxes, except the financial institutions tax ( IC 6-5.5 ). [Pre-2006 Recodification Citation: 21-5-11-14.]

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