(1) the water level of the lake established by law; or

(2) if the water level has not been established, the level where the presence and action of the water has been so constant as to give to the bed of the lake a character distinct from that of the surrounding land with regard to vegetation and the nature of the soil.

[Pre-1995 Recodification Citation: 13-2-15-3.]

As added by P.L.1-1995, SEC.19.