Terms Used In Indiana Code > Title 14 > Article 39 > Chapter 1 - Eminent Domain for Pipeline Transportation or Underground Storage of Carbon Dioxide

• carbon dioxide: means a fluid consisting of more than ninety percent (90%) carbon dioxide molecules. See Indiana Code 14-39-1-1
• carbon dioxide transmission pipeline: means the part of a pipeline in Indiana, including appurtenant facilities, property rights, and easements, that is used exclusively for the purpose of transporting carbon dioxide to a carbon management application, including sequestration, enhanced oil recovery, and deep saline injection, within or outside Indiana. See Indiana Code 14-39-1-2
• carbon sequestration pilot project: refers to the pilot project described in section 3. See Indiana Code 14-39-1-2.4
• Contract: A legal written agreement that becomes binding when signed.
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
• Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
• in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
• 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}
• person: includes a political body, a corporate body, and the state of Indiana. See Indiana Code 14-39-1-2.6
• pore space: means subsurface cavities or voids that can be used as a storage space for carbon dioxide. See Indiana Code 14-39-1-2.7
• Property: includes personal and real property. See Indiana Code 1-1-4-5
• underground storage of carbon dioxide: means the injection of carbon dioxide into, and storage of carbon dioxide in, underground strata and formations at the site of the carbon sequestration pilot project, as described in section 3. See Indiana Code 14-39-1-2.5
• United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
• Verified: when applied to pleadings, means supported by oath or affirmation in writing. See Indiana Code 1-1-4-5
• Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5