Sec. 14. All property owned by a lessor corporation contracting with a municipal corporation or corporations under this chapter and all stock and other securities, including the interest or dividends issued by a lessor corporation, are exempt from all state, county, and other taxes, excluding the financial institutions tax and the inheritance taxes.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-14-10-14.]
As added by P.L.1-2005, SEC.49. Amended by P.L.42-2018, SEC.59.