Bonds; exempt from state taxes

Ind. Code § 5-1.2-4-22
in effect
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Sec. 22. Bonds issued under this article and: (1) proceeds received from their sale by a holder, to the extent of the holder's costs of acquisition; (2) proceeds received on their redemption before maturity; (3) proceeds received at their maturity; and (4) interest received on them; are exempt from state taxes as provided by IC 6-8-5. As added by P.L.189-2018, SEC.25.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/5Fetched: 10/17/2026