Certain exempt property under control of executor
Ind. Code § 6-1.1-10-32
in effectSec. 32. Tangible property is exempt from property taxation if it:
(1) is under the control of an executor;
(2) is to pass, under the terms of a will, to a municipal corporation or to a literary, scientific, benevolent, religious, or charitable institution; and
(3) would be exempt from property taxation if it had already been distributed to the devisee or legatee.
[Pre-1975 Property Tax Recodification Citation: 6-1-1-2(10).]
Formerly: Acts 1975, P.L.47, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/6Fetched: 10/17/2026