Property owned or used by public utility company

Official textiga.in.govlast amended 1975

Sec. 1. The property owned or used by a public utility company shall be taxed in the manner prescribed in this chapter. Property used by a public utility company consists of property which the company uses under an agreement whereby the company exercises the beneficial rights of ownership for the major part of a year. When reference is made in this chapter to the "property of" a public utility company or to the public utility "company's property", the reference includes the property owned or used by that company.
[Pre-1975 Property Tax Recodification Citation: 6-1-44-3 part.]
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)

6-1.1-7-6 · Rate of tax; taxing district
6-1.1-7-7 · Liability for tax; installment payments
6-1.1-7-8 · Receipt for payment
6-1.1-7-9 · Late payment or nonpayment; penalties
6-1.1-7-10 · Movement of mobile home; transfer of title; permits
6-1.1-7-10.4 · Sale of mobile home
6-1.1-7-11 · Movers of mobile homes; display of permit
6-1.1-7-12 · Violation of IC 6-1.1-7-11(a); offense
6-1.1-7-13 · Violation of IC 6-1.1-7-3; offense
6-1.1-7-14 · Violation of IC 6-1.1-7-10.4; offense
6-1.1-7-15 · Waiver of personal property tax liability on certain mobile
6-1.1-7-16 · Duty to develop a system for recording property tax
6-1.1-8-1 · Property owned or used by public utility company
6-1.1-8-2 · Definitions
6-1.1-8-3 · Companies subject to taxation; exemptions
6-1.1-8-4 · Companies within and partially outside state; tax
6-1.1-8-5 · Fixed property; definite-situs distributable property;
6-1.1-8-6 · Bridge companies
6-1.1-8-7 · Bus companies
6-1.1-8-8 · Express companies
6-1.1-8-9 · Light, heat, or power companies
6-1.1-8-10 · Pipe line companies
6-1.1-8-11 · Railroad companies
6-1.1-8-12 · Railcar companies
6-1.1-8-12.5 · Repealed

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