Indiana Code 14-8-2-143. “Land occupier” or “occupier of land”
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Sec. 143. “Land occupier” or “occupier of land”, for purposes of IC 14-32, means a firm, an individual of voting age, a limited liability company, or a corporation that:
(A) a life estate; or
(1) owns:
Terms Used In Indiana Code 14-8-2-143
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
(B) an interest greater than a life estate;
in; or
(2) is in legal possession, under an express or implied rental lease, of;
a tract of land that is located within a district (as defined in IC 14-8-2-72(2)) or proposed for inclusion within a district under IC 14-32-6.5.
[Pre-1995 Recodification Citation: 13-3-1-3(11).]
As added by P.L.1-1995, SEC.1. Amended by P.L.136-1997, SEC.3.