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2018 Indiana Code
TITLE 15. Agriculture and Animals
ARTICLE 12. AGRICULTURAL ASSISTANCE ORGANIZATIONS AND PROGRAMS
CHAPTER 3. Repurchase of Farm or Industrial Machinery Inventory
15-12-3-6. "Net cost"
Universal Citation: IN Code § 15-12-3-6 (2018)
IC 15-12-3-6 "Net cost"
Sec. 6. As used in this chapter, "net cost" means:
(1) the price a retailer paid to a wholesaler, manufacturer, or distributor for inventory; minus
(2) any discounts, retainage, and prepaid freight or return freight.
[Pre-2008 Recodification Citation: 15-7-7-6.]
As added by P.L.2-2008, SEC.3.
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