IC 6-1.1-10-26 — County or district agricultural associations
Chapter 10. Exemptions
Bills amending this section
Section text
Sec. 26. (a) Subject to the limitations contained in subsection (b), the following tangible property is exempt from property taxation if it is owned by a county or district agricultural association of this state: (1) A tract of land not exceeding eighty (80) acres. (2) The improvements situated on the tract of land. (b) This exemption does not apply unless: (1) the association is organized under IC 15-14-3-1; and (2) the property is exclusively used and occupied for the purposes specified in IC 15-14-3-1.
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.86-2018, SEC.40.
Source: official publisher (2026 edition)