Indiana Statutes

§ 32-23-12-9 — Duties of trustee; review of lease; petition for partition

Indiana § 32-23-12-9
JurisdictionIndiana
Title 32PROPERTY
Art. 23CONVEYANCE OF PROPERTY INTERESTS
Ch. 12Coal: Estates in Land

This text of Indiana § 32-23-12-9 (Duties of trustee; review of lease; petition for partition) 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 § 32-23-12-9 (2026).

Text

(a)The trustee shall:
(1)enter into negotiations with the plaintiff;
(2)execute a coal lease in favor of the plaintiff covering the interest of the defendant that reflects the findings and judgment of the circuit or superior court; and
(3)promptly prepare and file a report of the coal lease stating the terms of the lease and the payments received for the lease and give notice to all parties appearing of record.
(b)The circuit or superior court shall review the coal lease under subsection (a) to determine if the sale is in accordance with the court's findings and judgment. If the circuit or superior court approves the sale of the coal lease, the court shall:
(1)issue an order confirming the sale; and
(2)issue an order terminating the trust.
(c)If, before an order confirming the leas

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Legislative History

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

Nearby Sections

15
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Bluebook (online)
Indiana § 32-23-12-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/32-23-12-9.