Indiana Code - Taxation - Title 6, Section 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.

Last modified: May 28, 2006