Indiana § 32-23-13-12 Application of lease

Indiana Statutes

§ 32-23-13-12 — Application of lease

Indiana § 32-23-13-12

Title 32PROPERTY

Art. 23CONVEYANCE OF PROPERTY INTERESTS

Ch. 13Mineral Estates of Unknown or Missing Owners

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Bluebook

Ind. Code § 32-23-13-12 (2026).

Text

(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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(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.