Tax Credit Not Considered a Security; Issuance or Assignment Not Subject to the Indiana Securities Law

  1. Law
  2. Indiana Code
  3. Taxation
  4. State Tax Liability Credits
  5. Venture Capital Investment Tax Credit
  6. Tax Credit Not Considered a Security; Issuance or Assignment Not Subject to the Indiana Securities Law

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Sec. 14. A certificate or tax credit issued under this chapter or assigned under section 12(b) of this chapter may not be considered to be a security for purposes of IC 23. The issuance or assignment of a certificate or tax credit under this chapter is not subject to the Indiana securities law under IC 23.

As added by P.L.106-2014, SEC.1. Amended by P.L.158-2019, SEC.15.


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