Exemption from taxation; exception

Ind. Code § 5-1-6-10
in effect
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Sec. 10. The refunding bonds and the income therefrom shall be exempt from taxation, except the financial institutions tax and inheritance, estate and transfer taxes. [Pre-Local Government Recodification Citation: 19-8-7-10.] As added by Acts 1980, P.L.8, SEC.10. Amended by P.L.21-1990, SEC.4.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/5Fetched: 10/17/2026

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