{"data":{"id":"us-in/ic-6-6-1.1-514","jurisdiction":"us-in","citation":"IC 6-6-1.1-514","heading":"Sale or transfer of distributor's business; liability of purchaser or transferee for any accrued unpaid tax, penalty, and interest","body":"Sec. 514. If a distributor fails to give notice to the administrator as required by section 512 of this chapter, the purchaser or transferee of his business is liable to the state for all unpaid tax, penalty, and interest accrued under this chapter against the distributor through the date of sale or transfer. However, the purchaser's or transferee's liability is limited to the value of the property and business acquired from the distributor.","path":["TITLE 6. TAXATION","ARTICLE 6. MOTOR FUEL AND VEHICLE EXCISE TAXES","Chapter 1.1. Gasoline Tax"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-6-1.1-514","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"3b47a3f3a7ddfb6c9043eb9b53b4e6ee757c05051745ae7547956d5a3313aa7c","source_id":"us-in","stale":false,"prev":"us-in/ic-6-6-1.1-513","next":"us-in/ic-6-6-1.1-515"},"notice":"GroundRules: Original legal text. Not legal advice."}