Indiana Code 32-23-11-9. Size of interest conveyed
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Terms Used In Indiana Code 32-23-11-9
- railroad: refers to a railroad company. See Indiana Code 32-23-11-3
- right-of-way: means a strip or parcel of real property in which a railroad has acquired an interest for use as a part of the railroad's transportation corridor. See Indiana Code 32-23-11-4
Sec. 9. If a railroad conveys its interest in a right-of-way, the railroad conveys not more than the interest it holds at the time of the conveyance.
[Pre-2002 Recodification Citation: 32-5-12-9.]
As added by P.L.2-2002, SEC.8.