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Terms Used In Indiana Code 6-8-1-6

  • person: means any individual, assignee, receiver, commissioner, fiduciary, trustee, executor, administrator, firm, partnership, joint venture, pool, syndicate, association, corporation, limited liability company, estate, trust, or any other group or combination acting as a unit. See Indiana Code 6-8-1-1
  • petroleum: means all hydrocarbons produced at a well in a liquid or gaseous state. See Indiana Code 6-8-1-5
   Sec. 6. As used in this chapter, “producer” means a person engaged in severing petroleum from the land direct.

Formerly: Acts 1947, c.278, s.6. As amended by P.L.109-1988, SEC.10.