Indiana Statutes

§ 32-23-12-12 — Successor trustee; subsequent proceedings

Indiana·Title 32 PROPERTY·Art. 23 CONVEYANCE OF PROPERTY INTERESTS·Ch. 12 Coal: Estates in Land
(a)If a trustee:
(1)dies or resigns; or
(2)refuses or is unable to act; the circuit or superior court shall, upon either the court's motion or the motion of a plaintiff, appoint a successor trustee.
(b)After the entry of the initial judgment authorizing a lease, all subsequent proceedings pertaining to the coal land and the coal interest involved in the initial litigation, including subsequent leasing proceedings or proceedings by the trustee requesting authority to execute and deliver additional documents pertaining to a coal lease, must be commenced in the same court as the proceedings for the initial lease. The acting trustee at the time of any subsequent proceedings shall act as the trustee in the subsequent proceedings. The circuit or superior court retains continuing jurisdiction

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Legislative History

As added by P.L.94-2009, SEC.1.

Nearby Sections

15
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