"Unknown or Missing Owner"

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Sec. 3. (a) As used in this chapter, "unknown or missing owner" means a person:

(1) vested of record or by operation of IC 32-23-10 with a property interest in:

(A) a mineral estate in land; or

(B) a portion of a mineral estate in land; and

(2) whose identity or location cannot be determined:

(A) from the records in the chain of title in the county in which the land is located;

(B) by diligent inquiry in the vicinity of the record owner's last known place of residence or location; and

(C) from a search of tax records in the county in which the property is located.

(b) The term includes the person's heirs and devisees and successors and assigns.

As added by P.L.28-2015, SEC.1.


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