Sec. 12. All payments received by a state educational institution under a financing agreement authorized by this chapter are exempt from all taxation.
[Pre-2007 Higher Education Recodification Citation: 20-12-1.5-7.] As added by P.L.2-2007, SEC.276.
Tax exemption
Ind. Code § 21-35-7-12, under Revenue Producing Property; Financing Agreements With a Developer or User.
Ind. Code § 21-35-7-12