Indiana Statutes
§ 30-1-7-2 — Petition to execute options; prospectus
Indiana § 30-1-7-2
JurisdictionIndiana
Art. 1SALES OF SECURITIES AND INVESTMENTS BY
Ch. 7Mining Contracts Executed by Guardians
This text of Indiana § 30-1-7-2 (Petition to execute options; prospectus) 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 § 30-1-7-2 (2026).
Text
Guardians of the estates of persons under the
age of eighteen (18) years and incapacitated persons are authorized to
petition the court having probate jurisdiction in the county in which the
guardianship is pending for authority to execute the options under
section 1 of this chapter. The petition shall be verified and set forth the
name of the person, firm, limited liability company, or corporation to
whom it is proposed to give the option. It shall also set forth a
prospectus as to the probable existence of minerals, their probable
value, the amount to be paid for the option, the length of time the
option is to continue, a copy of the proposed option, and a copy of the
proposed lease or deed which is to be executed in the event the option
is exercised.
Formerly: Acts 1943, c.105, s.2; Act
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Nearby Sections
15
§ 30-1-2-1
Stocks; bonds; securities§ 30-1-2-2
Securities not listed; terms§ 30-1-4-1
Eligible investments§ 30-1-5-1
Securities; insurance§ 30-1-6-3
Bidding; report; hearing; endorsement§ 30-1-6-5
Acts conclusive; disaffirmance denied§ 30-1-7-2
Petition to execute options; prospectus§ 30-1-7-3
Hearing; order of court§ 30-1-7-4
Binding and conclusive; disaffirmance§ 30-1-8-1
DefinitionsCite This Page — Counsel Stack
Bluebook (online)
Indiana § 30-1-7-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/30-1-7-2.