Depositor or Owner of Capital Stock, Share Accounts, Certificates of Indebtedness, or Investment in Taxpayer With Principal Offices in State; Tax Liability

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  6. Depositor or Owner of Capital Stock, Share Accounts, Certificates of Indebtedness, or Investment in Taxpayer With Principal Offices in State; Tax Liability

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Sec. 5. A depositor or owner of capital stock, capital shares, share accounts, certificates of indebtedness or investment, or comparable investment or interest in a taxpayer with its principal offices in Indiana is not liable for taxation under this article with respect to that interest.

As added by P.L.347-1989(ss), SEC.1. Amended by P.L.21-1990, SEC.36.


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