Indiana Code § 6-1.1-51-1

Applicability of credit
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Sec. 1. This chapter applies only to the following: (1) Aircraft that: (A) have a seating capacity of not more than ninety (90) passengers; (B) are used in the air transportation of passengers or passengers and property; and (C) are owned or operated by a person that is: (i) an air carrier certificated under Federal Air Regulation Part 121; or (ii) a scheduled air taxi operator certified under Federal Air Regulation Part 135. (2) Aircraft that: (A) are used to transport only property, regardless of whether the aircraft is operated as a common carrier for compensation; and (B) are owned or operated by a person that is: (i) an air carrier certificated under Federal Air Regulation Part 121; or (ii) a scheduled air taxi operator certified under Federal Air Regulation Part 135.

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