Statutes, codes, and regulations
Indiana Code
Title 6 - TAXATIONArticle 5.5 - TAXATION OF FINANCIAL INSTITUTIONS
Chapter 4 - RULES FOR ATTRIBUTING RECEIPTS
Section 6-5.5-4-13 - Participation loans; apportionment of interest income and other receipts

Ind. Code § 6-5.5-4-13

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Current through P.L. 171-2024
Section 6-5.5-4-13 - Participation loans; apportionment of interest income and other receipts

Interest income and other receipts from a participating financial institution's portion of participation loans must be attributed under this chapter. A participation loan is a loan in which more than one (1) lender is a creditor to a common borrower.

IC 6-5.5-4-13

As added by P.L. 347-1989 (ss), SEC.1.