Indiana Statutes

§ 6-8-1-5 — "Petroleum", "natural gas", "oil", and "barrel of oil" defined

Indiana § 6-8-1-5
JurisdictionIndiana
Art. 8MISCELLANEOUS
Ch. 1Petroleum Severance Tax

This text of Indiana § 6-8-1-5 ("Petroleum", "natural gas", "oil", and "barrel of oil" defined) 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 § 6-8-1-5 (2026).

Text

(a)As used in this chapter, "petroleum" means all hydrocarbons produced at a well in a liquid or gaseous state.
(b)As used in this chapter, "natural gas" means petroleum that maintains a gaseous state at atmospheric conditions.
(c)As used in this chapter, "oil" means petroleum that maintains a liquid state at atmospheric conditions.
(d)As used in this chapter, "barrel of oil" means forty-two (42) U.S. gallons of oil at sixty degrees Fahrenheit (60° F). Formerly: Acts 1947, c.278, s.5. As amended by P.L.109-1988, SEC.9.

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Nearby Sections

15
§ 6-1.1-1-1
Applicability
§ 6-1.1-1-1.5
"Assessing official"
§ 6-1.1-1-10
"Person"
§ 6-1.1-1-11
"Personal property"
§ 6-1.1-1-13
Repealed
§ 6-1.1-1-14
"Property taxation"
§ 6-1.1-1-15
"Real property"
§ 6-1.1-1-18
"State agency"
§ 6-1.1-1-19
"Tangible property"
§ 6-1.1-1-2
"Assessment date"
§ 6-1.1-1-20
"Taxing district"
§ 6-1.1-1-21
"Taxing unit"
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Bluebook (online)
Indiana § 6-8-1-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-8-1-5.