Homeowners associations; held for use, benefit, or enjoyment of members

Ind. Code § 6-1.1-10-37.8
in effect
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Sec. 37.8. For assessment dates after December 31, 2015, tangible personal property is exempt from property taxation if that tangible personal property: (1) is owned by a homeowners association (as defined in IC 32-25.5-2-4); and (2) is held by the homeowners association for the use, benefit, or enjoyment of members of the homeowners association. As added by P.L.203-2016, SEC.2.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/6Fetched: 10/17/2026

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