{"data":{"id":"us-in/ic-6-1.1-10-7","jurisdiction":"us-in","citation":"IC 6-1.1-10-7","heading":"Nonprofit water companies","body":"Sec. 7. Property is exempt from property taxation if it is owned by a non-profit corporation which is engaged in the sale and distribution of water. However, this exemption only applies if the corporation is operated on a not-for-profit basis.","path":["TITLE 6. TAXATION","ARTICLE 1.1. PROPERTY TAXES","Chapter 10. Exemptions"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-1.1-10-7","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"0c380ca14ef411e18e293753107f7c5fee57c3d520f6b5ed61f47917881d0df3","source_id":"us-in","stale":false,"prev":"us-in/ic-6-1.1-10-6","next":"us-in/ic-6-1.1-10-8"},"notice":"GroundRules: Original legal text. Not legal advice."}