Ind. Code § 15-16-7-12
(c) This subsection applies to real estate that is exempt from property taxation. The owner of the tax exempt real estate shall pay the amount set forth in the certified statement under section 10(b) of this chapter for the tax exempt real estate. If the owner of the tax exempt real estate fails to pay the amount required by this chapter, the owner is ineligible for the property tax exemption, and the department of local government finance shall deny the property tax exemption for the real estate.
[Pre-2008 Recodification Citations: subsection (a) formerly 15-3-4.6-5.4(g); subsection (b) formerly 15-3-4.6-5.4(h); subsection
As added by P.L.2-2008, SEC.7. Amended by P.L.9-2024, SEC.363.