Sec. 4. An adjacent mineral producer that:

(1) brings an action under; and

contract signature

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Terms Used In Indiana Code 32-23-13-4

  • adjacent mineral producer: means a person that:

    Indiana Code 32-23-13-1

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • mineral interest of an unknown or missing owner: means :

    Indiana Code 32-23-13-2

(2) meets the requirements of;

this chapter may produce and develop all or part of a mineral interest of an unknown or missing owner under a lease entered into under this chapter.

As added by P.L.28-2015, SEC.1.

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