Indiana Statutes
§ 32-23-13-12 — Application of lease
Indiana·Title 32 PROPERTY·Art. 23 CONVEYANCE OF PROPERTY INTERESTS·Ch. 13 Mineral Estates of Unknown or Missing Owners
(a)The lease of a mineral interest and
execution of any lease under this chapter is binding concerning the
interest in the mineral and the right to produce and develop the mineral
owned by any respondent to the action in the same manner as if the
respondent personally had signed and delivered the lease.
(b)The mineral lease is binding on the heirs, legatees, personal
representatives, successors, and assigns of the respondents.
(c)A person who may have a contingent or future interest in the
mineral interest of an unknown or missing owner is bound by the
judgment entered in the proceedings under this chapter.
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Legislative History
As added by P.L.28-2015, SEC.1.
Nearby Sections
15
§ 32-16-1-1
"Prior property law"§ 32-16-1-2
Purpose of recodification§ 32-16-1-3
Statutory construction of recodification§ 32-16-1-4
Effect of recodification§ 32-16-1-5
Recodification of prior property law§ 32-16-1-6
References to repealed statutes§ 32-16-1-7
References to citations§ 32-16-1-8
References to prior rules§ 32-16-1-9
References to prior property law§ 32-17-1-1
"Grantor"§ 32-17-1-2
Fee simple conveyance§ 32-17-1-3
Estates tail; abolition§ 32-17-1-4
Lineal and collateral warranties; abolition§ 32-17-10-1
Application of chapter