the person shall apply to the bureau to change the registration from registration as a farm vehicle to the applicable registration for the vehicle under IC 9-18.1-5.
STEP ONE: Determine the number of months between:
A partial month shall be rounded to one (1) month.
STEP TWO: Multiply the STEP ONE result by one-twelfth (1/12).
STEP THREE: Determine the product of:
The amount determined under this subdivision shall be deposited in the motor vehicle highway account.
IC 9-18.1-7-8
Pre-2016 Revision Citations: 9-21-21-3; subsection (b) formerly 9-29-5-17.1.