14-38-1-25. Withholding land for prospecting or lease

IN Code § 14-38-1-25 (2019) (N/A)
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Sec. 25. This chapter does not require the commission to offer a tract of land for prospecting or lease. The commission may withhold a tract from prospecting or leasing for petroleum purposes if in the commission's judgment the best interest of the state will be served by so doing.

[Pre-1995 Recodification Citation: 14-4-3-21.]

As added by P.L.1-1995, SEC.31.