Indiana Code - Taxation - Title 6, Section 6-2.3-3-7

Sale to member electric cooperatives

Sec. 7. Gross receipts do not include amounts received by a
corporation or a division of a corporation owned, operated, or
controlled by its member electric cooperatives as payment from the
electric cooperatives for electrical energy to be resold to their
member-owner consumers.

As added by P.L.192-2002(ss), SEC.47.

Last modified: May 28, 2006