Indiana Statutes

§ 14-25-5-12 — Agreements to compensate owners for diminution in value

Indiana·Art. 25 WATER RIGHTS AND RESOURCES·Ch. 5 Emergency Regulation of Surface Water Rights
A significant water withdrawal facility and a lake owner may enter into an agreement to compensate the lake owner for the diminution in value of the lake owner's property caused by significant lowering of the lake level. If a significant water withdrawal facility and a lake owner enter into an agreement under this section, the owner of the significant water withdrawal facility is not required to file a financial responsibility bond under section 10 of this chapter. [Pre-1995 Recodification Citation: 13-2-2.6-14.]

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Indiana § 14-25-5-12 (Agreements to compensate owners for diminution in value) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.1-1995, SEC.18.

Nearby Sections

15
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