Ind. Code § 6-2.5-15-19

Current through P.L. 171-2024
Section 6-2.5-15-19 - Continuing effect of specific transaction award certificate following transfer or sale of qualified data center

Except as provided in section 18 of this chapter, if the corporation approves a qualified data center user's application to receive a specific transaction award certificate and enters into an agreement with the qualified data center user for a specific transaction award certificate, the corporation's certification of the qualified data center remains in effect, even if there is a future transfer, sale, or disposition, directly or indirectly, of the qualified data center. A subsequent owner shall enter into an agreement with the corporation before the subsequent owner is entitled to receive a specific transaction award certificate for the remainder of the eligibility period.

IC 6-2.5-15-19

Added by P.L. 256-2019,SEC. 2, eff. 1/1/2019.