Indiana Code — Title 6 (Taxation)
IC 6-1.1-10-39
Intangible personal property exemptions
Sec. 39. Intangible personal property, including the following, is exempt from taxation under this article:
# (1)
A promissory note.
# (2)
A share of stock in a foreign corporation.
# (3)
A bond.
# (4)
A debenture.
# (5)
A postal savings certificate.
# (6)
Equity in a brokerage or trading account.
# (7)
A deposit of money.
# (8)
A loan account.
# (9)
A debt instrument with interest coupons.
# (10)
A registered corporate security evidencing a debt.
# (11)
A written instrument or certificate evidencing a debt, including a mortgage, a chattel mortgage, a bill of sale, and a conditional sales contract.
# (12)
A written instrument securing an unwritten debt.
# (13)
A written instrument evidencing an exchange of property when the ultimate transfer of title is intended.
# (14)
A written contract for payment of money.
# (15)
An instrument bearing interest for the benefit of the holder of that instrument or the holder of another instrument.
As added by P.L.80-1989, SEC.1.
Amendment history
As added by P.L.80-1989, SEC.1.
Source: view the official text
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- 6-1.1-10-39 · Intangible personal property exemptions
- 6-1.1-10-40 · Repealed
- 6-1.1-10-41 · Exempt property purchased under contract of sale by person
- 6-1.1-10-42 · Small business incubator program
- 6-1.1-10-43 · Repealed
- 6-1.1-10-44 · Enterprise information technology equipment
- 6-1.1-10-45 · Indiana department of transportation signage
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