§ 32-23-10-4 — Statement of claim; filing; time

(a) The statement of claim under section 2 of
this chapter must:
(1) be filed by the owner of the mineral interest before the end of
the twenty (20) year period set forth in section 2 of this chapter;
and
(2) contain:
(A) the name and address of the owner of the mineral interest;
and
(B) a description of the land on or under which the mineral
interest is located.
(b) A statement of claim described in subsection (a) must be filed
in the office of the recorder of deeds in the county in which the land is
located.
(c) Upon the filing of a statement of claim within the time provided
in this section, the mineral interest is considered to be in use on the
date the statement of claim is filed.
[Pre-2002 Recodification Citation: 32-5-11-4.]

Legislative History

As added by P.L.2-2002, SEC.8.