Motor vehicles; intrafamilial title transfers
Sec. 15.5. A transaction involving a motor vehicle is exempt from
the state gross retail tax, if:
(1) the transaction consists of changing the motor vehicle title
to add or delete an individual; and
(2) the individual being added or deleted is the spouse, child,
grandparent, parent, or sibling of an owner.
As added by P.L.73-1993, SEC.1.
Last modified: May 28, 2006