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2018 Indiana Code
TITLE 6. Taxation
ARTICLE 8. MISCELLANEOUS
CHAPTER 1. Petroleum Severance Tax
6-8-1-7. "Owner" defined
Universal Citation: IN Code § 6-8-1-7 (2018)
IC 6-8-1-7 "Owner" defined
Sec. 7. As used in this chapter, "owner" means a person receiving or entitled to receive a proportionate share of petroleum or a proportionate share of the proceeds of the sale of petroleum after production by an operator, and without limitation of the foregoing, includes the owners of royalties, excess royalty, overriding royalty, mineral rights, or working interest.
Formerly: Acts 1947, c.278, s.7. As amended by P.L.109-1988, SEC.11.
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