32-23-10-1. "Mineral interest" defined

IN Code § 32-23-10-1 (2019) (N/A)
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Sec. 1. As used in this chapter, "mineral interest" means the interest that is created by an instrument that transfers, by:

(1) grant;

(2) assignment;

(3) reservation; or

(4) otherwise;

an interest of any kind in coal, oil and gas, and other minerals.

[Pre-2002 Recodification Citation: 32-5-11-2.]

As added by P.L.2-2002, SEC.8.