§ 30-1-7-1 Guardians of minors and incapacitated persons; option contracts for exploring
§ 30-1-7-2 Petition to execute options; prospectus
§ 30-1-7-3 Hearing; order of court
§ 30-1-7-4 Binding and conclusive; disaffirmance

Terms Used In Indiana Code > Title 30 > Article 1 > Chapter 7 - Mining Contracts Executed by Guardians

  • 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.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • 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
  • Probate: Proving a will
  • Verified: when applied to pleadings, means supported by oath or affirmation in writing. See Indiana Code 1-1-4-5