Fraternal benefit associations

Official textiga.in.govlast amended 1975

Sec. 23.

# (a)

Subject to the limitations contained in subsection (b) of this section, tangible property is exempt from property taxation if it is owned by a fraternal beneficiary association which is incorporated, organized, or licensed under the laws of this state.

# (b)

This exemption does not apply to real property unless it is actually occupied and exclusively used by the association in carrying out the purpose for which it was incorporated, organized, or licensed.
[Pre-1975 Property Tax Recodification Citation: 6-1-1-2(11).]
Formerly: Acts 1975, P.L.47, SEC.1.

Amendment history

Formerly: Acts 1975, P.L.47, SEC.1.

Source: view the official text

Nearby sections (25 sections)

6-1.1-10-15.5 · Commercial passenger aircraft; resolution required;…
6-1.1-10-16 · Exemption of building, land, and personal property used…
6-1.1-10-16.5 · Nonprofit corporation property located under or…
6-1.1-10-16.7 · Real property exemption; expiration
6-1.1-10-16.8 · Exemption of the basement area of dwellings located in…
6-1.1-10-17 · Memorial corporation property
6-1.1-10-18 · Nonprofit corporations supporting fine arts
6-1.1-10-18.5 · Nonprofit corporation property used in operation of…
6-1.1-10-19 · Public libraries
6-1.1-10-20 · Manual labor, technical, or trade schools; colleges
6-1.1-10-21 · Churches or religious societies; attestation of exempt use
6-1.1-10-22 · Dormitories of church colleges and universities
6-1.1-10-23 · Fraternal benefit associations
6-1.1-10-24 · Fraternity or sorority property
6-1.1-10-25 · Miscellaneous organizations
6-1.1-10-26 · County or district agricultural associations
6-1.1-10-26.5 · Agricultural organization; land on which a county fair…
6-1.1-10-27 · Cemetery corporations; churches; religious societies
6-1.1-10-28 · Free medical clinics
6-1.1-10-29 · Repealed
6-1.1-10-29.3 · Repealed
6-1.1-10-29.5 · Repealed
6-1.1-10-30 · Repealed
6-1.1-10-30.5 · Repealed
6-1.1-10-31 · Repealed

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