The department shall automatically continue a permit:(1) if commercial production and accompanying royalty payments are established by the end of the initial term; and(2) as long as production continues, not to exceed fifty (50) years.(b) If commercial production is not established within the initial term of a permit, the department may terminate the permit.(c) The department may terminate a permit at any time for failure of the permittee to comply with:(1) this chapter; or(2) the rules adopted under this chapter.[Pre-1995 Recodification Citation: 14-3-2-6 part.]As added by P.L.1-1995, SEC.28.
Indiana Legal Code