6-2.5-5-15.5. Motor vehicles; intrafamilial title transfers

IN Code § 6-2.5-5-15.5 (2019) (N/A)
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Sec. 15.5. A transaction involving a motor vehicle is exempt from the state gross retail tax, if:

(1) the transaction consists of changing the motor vehicle title to add or delete an individual; and

(2) the individual being added or deleted is the spouse, child, grandparent, parent, or sibling of an owner.

As added by P.L.73-1993, SEC.1.