6-2.5-1-20.2. "Industrial processor"

IN Code § 6-2.5-1-20.2 (2019) (N/A)
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Sec. 20.2. "Industrial processor" means a person that:

(1) acquires tangible personal property owned by another person;

(2) provides industrial processing services, including enameling or plating, on the property; and

(3) transfers the property back to the owner to be sold by that owner either in the same form or as a part of other tangible personal property produced by that owner in the owner's business of manufacturing, assembling, constructing, refining, or processing.

As added by P.L.239-2017, SEC.2.