Depositor or owner of capital stock, share accounts, certificates of
indebtedness, or investment in taxpayer with principal offices in
state; tax liability
Sec. 5. A depositor or owner of capital stock, capital shares, share
accounts, certificates of indebtedness or investment, or comparable
investment or interest in a taxpayer with its principal offices in
Indiana is not liable for taxation under this article with respect to that
interest.
As added by P.L.347-1989(ss), SEC.1. Amended by P.L.21-1990,
SEC.36.
Last modified: May 28, 2006