Indiana Code 32-23-12-3. “Coal owner”
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Indiana Code 32-23-12-3
- coal land: means the coal estate in land that contains coal and is subject to a vested interest by a plaintiff, under this chapter, to the coal lying within the land. See Indiana Code 32-23-12-2
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
Sec. 3. As used in this chapter, “coal owner” means a person vested with an undivided fractional fee simple interest or other freehold interest in coal contained within the coal land. However, the term does not include a person with only a leasehold, easement, or right-of-way interest in the coal land.
As added by P.L.94-2009, SEC.1.