Indiana Code - Taxation - Title 6, Section 6-5.5-4-13

Participation loans; apportionment of interest income and other
receipts

Sec. 13. Interest income and other receipts from a participating
financial institution's portion of participation loans must be attributed
under this chapter. A participation loan is a loan in which more than
one (1) lender is a creditor to a common borrower.

As added by P.L.347-1989(ss), SEC.1.

Last modified: May 28, 2006