Sec. 37. (a) Real property acquired by the redevelopment district is exempt from taxation while owned by the district. (b) All receipts of the department of redevelopment, including receipts from the sale of real property, personal property, and materials disposed of, are exempt from all taxes. (c) All other property of the department of redevelopment is exempt from taxation. [Pre-Local Government Recodification Citations: 18-7-7-35; 18-7-7.1-36.]
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.