Sec. 160. “Petroleum”, for purposes of:

(1) IC 13-23;

(2) IC 13-24-1; and

(3) IC 13-25-5;

includes petroleum and crude oil or any part of petroleum or crude oil that is liquid at standard conditions of temperature and pressure (sixty degrees Fahrenheit (60°F) and fourteen and seven-tenths (14.7) pounds per square inch absolute).

[Pre-1996 Recodification Citations: 13-7-8.9-3; 13-7-20-6; 13-7-20.1-4.]

As added by P.L.1-1996, SEC.1. Amended by P.L.97-2004, SEC.61.