Registration of tax credit certificates.

The department shall develop a system for the registration of the wind energy production tax credit certificates issued or transferred under this chapter and a system that permits verification that any tax credit claimed on a tax return is valid and that transfers of the tax credit certificates are made in accordance with the requirements of this chapter . The tax credit certificates issued under this chapter shall not be classified as a security pursuant to chapter 502 . 2004 Acts, ch 1175, §417, 418 ; 2005 Acts, ch 179, §170