Sec. 195. “Owner” has the following meaning:

(1) For purposes of IC 14-11-4, the meaning set forth in IC 14-11-4-2.

Terms Used In Indiana Code 14-8-2-195

  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
(2) For purposes of IC 14-15, a person who has the legal title to a watercraft.

(3) For purposes of IC 14-16-1, the meaning set forth in IC 14-16-1-6.

(4) For purposes of IC 14-25-4, the meaning set forth in IC 14-25-4-4.

(5) For purposes of IC 14-27-7, the meaning set forth in IC 14-27-7-1.

(6) For purposes of IC 14-27-7.5, the meaning set forth in IC 14-27-7.5-4.

(7) For purposes of IC 14-36, the term includes the following:

(A) Owners in fee.

(B) Life tenants.

(C) Tenants for years.

(D) Holders of remainder of reversionary interests.

(E) Holders of leaseholds or easements.

(F) Holders of mineral rights.

(8) For purposes of IC 14-37, a person who has the right to drill into and produce from a pool and to appropriate the oil and gas produced from the pool for:

(A) the person or others; or

(B) the person and others.

(9) For the purposes of IC 14-22-10-2, the meaning set forth in IC 14-22-10-2(c).

[Pre-1995 Recodification Citations: subdivision (1) formerly 14-3-18-5; subdivision (2) formerly 14-1-1-1 part; subdivision (3) formerly 14-1-3-1(b); subdivision (4) formerly 14-1-3.5-1 part; subdivision (5) formerly 13-2-2.5-2(i); subdivision (6) formerly 13-2-20-1(2); subdivision (7) formerly 13-4-6-2(o); 14-4-2.1-1(d); subdivision (8) formerly 13-8-2-17.5.]

As added by P.L.1-1995, SEC.1. Amended by P.L.178-1995, SEC.2; P.L.138-1997, SEC.1; P.L.148-2002, SEC.3; P.L.186-2003, SEC.33.