6-2.3-3-7. Sale to member electric cooperatives

IN Code § 6-2.3-3-7 (2019) (N/A)
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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.