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Legislative Update

Adverse possession

May 19, 2017 Filed Under: Civil

S.E.A. 121, P.L. 51
Effective: July 1, 2017
Permits an entity exempt from federal income taxation under Section 501 of the Internal Revenue Code from the payment of taxation to claim property by adverse possession.
The full law is available at: https://iga.in.gov/legislative/2017/bills/senate/121

Filed Under: Civil Tagged With: property

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