Indiana Code - Taxation - Title 6, Section 6-1.1-10-31.4

Truck chassis

Sec. 31.4. A chassis for a truck (as defined in IC 9-13-2-188(a))
is exempt from personal property tax if the chassis is:
(1) owned by a nonresident motor vehicle dealer that is not a
motor vehicle manufacturer;
(2) in the possession of a resident under an agreement requiring
the resident to ship a completed truck to the owner; and
(3) not held by the resident for resale.

As added by P.L.84-1995, SEC.1.

Last modified: May 28, 2006