Indiana Code - Taxation - Title 6, Section 6-3.1-22.2-2

"Rerefined lubrication oil" defined

Sec. 2. As used in this chapter, "rerefined lubrication oil" means
base oil:
(1) manufactured from at least ninety-five percent (95%) used
oil; and
(2) that is not more than two percent (2%) previously unused
oil;
created by a refining process that effectively removes physical and
chemical impurities and spent and unspent additives to the extent that
the base oil is capable of meeting industry standards for engine oil
(as defined by API 1509).

As added by P.L.291-2001, SEC.149.

Last modified: May 28, 2006