Indiana Statutes

§ 30-1-6-3 — Bidding; report; hearing; endorsement

Indiana § 30-1-6-3
JurisdictionIndiana
Art. 1SALES OF SECURITIES AND INVESTMENTS BY
Ch. 6Oil, Gas, and Mineral Leases

This text of Indiana § 30-1-6-3 (Bidding; report; hearing; endorsement) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 30-1-6-3 (2026).

Text

In compliance with the terms of the order for the sale of said oil and gas, coal, or other mineral lease, said administrator, executor, or guardian shall offer said lease for sale and sell the same to the highest bidder upon such terms and conditions as the court shall order and shall thereupon file a report of sale showing the land upon which said lease was sold, the term of years thereof, the name of the purchaser, and the amount for which the same was sold, and attach to the return a copy of the form of lease proposed to be executed, which report shall thereupon, without further notice, be heard by the court having probate jurisdiction and if the court finds that said sale was properly conducted as herein provided, and that the price bid for said lease was not disproportionate to the va

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Bluebook (online)
Indiana § 30-1-6-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/30-1-6-3.