Sec. 12. (a) If the retention of the land by the department or other state agencies is determined to be impractical, the department may, with the approval of the governor, sell the land: (1) to political subdivisions of the state at the cost of acquisition and restoration; or (2) by public sale to the highest bidder for not less than fair market value for reclaimed land as determined by two (2) private appraisers appointed by the department. (b) The proceeds of a sale may, upon approval of the department, be used and expended to reclaim and rehabilitate land. [Pre-1995 Recodification Citation: 14-4-2.1-8.] IC 14-37 ARTICLE 37. OIL AND GAS Ch. 1. Applicability Ch. 2. Organization Ch. 3. Commission Duties Ch. 4. Permits Ch. 5. Fee for Class II Wells Ch. 6. Bonding Ch. 7. Drilling Ch. 8. Plugging and Abandonment Ch. 9. Integration and Forced Pooling Ch. 10. Oil and Gas Environmental Fund Ch. 11. Waste Ch. 12. Violations Ch. 13. Penalties IC 14-37-1 Chapter 1. Applicability 14-37-1-1 Permit, bond, or security governed by article 14-37-1-2 Operation of Class II well after June 30, 1988 14-37-1-3 Federal terms and conditions binding owner or operator of Class II well under Subpart C of Underground Injection Control Program 14-37-1-4 Federal terms or conditions binding owner or operator of well with permit issued under Subpart D of Underground Injection Control Program 14-37-1-5 Applicability limitation
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