Sec. 35. (a) For purposes of this chapter, school lands have been sold if: (1) a certificate of sale has been issued to the purchaser or recorded in the proper office; (2) the purchaser has paid all or part of the purchase money; and (3) the purchaser has or could have entered into possession of the land. (b) If subsection (a) of this section is applicable, the land is subject to assessment and taxation in the same manner as if a deed had been delivered to the purchaser. [Pre-1975 Property Tax Recodification Citation: 6-1-1-30 part.] Formerly: Acts 1975, P.L.47, SEC.1.
‹ 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.