Indiana Code 8-3-1.5-1. Definitions
(a) “Agent for the State” means the department as agent for the state as that term is used in the Regional Rail Reorganization Act of 1973.
Terms Used In Indiana Code 8-3-1.5-1
- Agent for the State: means the department as agent for the state as that term is used in the Regional Rail Reorganization Act of 1973. See Indiana Code 8-3-1.5-1
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Department: refers to the Indiana department of transportation established under IC 8-23-2-1. See Indiana Code 8-3-1.5-1
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Rail properties: means assets or rights, owned, leased, or otherwise controlled by a railroad or other persons which are used, or useful, in rail transportation service; however, the term rail properties does not include any properties owned, leased or otherwise controlled by a railroad not in reorganization unless it consents to such property's inclusion in the particular transaction. See Indiana Code 8-3-1.5-1
(c) “Includes” and variants of it, should be read as if the phrase “but is not limited to” was also set forth.
(d) “Person” means individuals, corporations, partnerships, or foreign and domestic associations, including railroads.
(e) “Rail properties” means assets or rights, owned, leased, or otherwise controlled by a railroad or other persons which are used, or useful, in rail transportation service; however, the term rail properties does not include any properties owned, leased or otherwise controlled by a railroad not in reorganization unless it consents to such property‘s inclusion in the particular transaction.
(f) “Rail service” means both freight and passenger service.
Formerly: Acts 1975, P.L.79, SEC.1. As amended by Acts 1980, P.L.74, SEC.40; P.L.18-1990, SEC.36.