Ind. Code § 21-35-1-8

Current through P.L. 171-2024

Section 21-35-1-8 - "Net income"

"Net income" for purposes of IC 21-35-2 and IC 21-35-3, with respect to any property, means income minus the costs of operating, maintaining, and repairing the property except when these costs are otherwise paid.

IC 21-35-1-8

Pre-2007 Higher Education Recodification Citations: 20-12-7-1.3; 20-12-8-1.3.

As added by P.L. 2-2007, SEC.276.