Indiana Statutes
§ 32-23-7-4 — "Person in interest"
Indiana·Title 32 PROPERTY·Art. 23 CONVEYANCE OF PROPERTY INTERESTS·Ch. 7 Oil and Gas: Estates in Land
(a)As used in this chapter, "person in interest"
means:
(1)if used in reference to an oil and gas estate in land, the owner
of a beneficial interest in the oil and gas estate in land; or
(2)if used in reference to a coal bed methane estate in land, the
owner of a beneficial interest in the coal bed methane estate in
land;
whether the interest is held for life, for a term of years, or in fee.
(b)The term includes a lessee, licensee, or duly qualified agent of
the owner.
(c)The term does not include a mortgagee or security assignee of
the owner if the mortgagee or security assignee does not have a right
to the control or operation of the premises for:
(1)if used in reference to an oil and gas estate in land, oil and gas;
or
(2)if used in reference to a coal bed methane estate in land,
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Legislative History
As added by P.L.2-2002, SEC.8. Amended by P.L.140-2011,
SEC.24.
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References to repealed statutes§ 32-16-1-7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