Section 312 IAC 6-2-2 - "Abandoned shipwreck" definedAuthority: IC 14-10-2-4; IC 14-21-1-31; IC 14-29-1-8
Affected: IC 14
Sec. 2.
"Abandoned shipwreck" means a shipwreck to which title has been given up by the owner with the intent of never claiming a right or interest in the future. An intention to give up title may be demonstrated where an owner:
(1) takes steps to collect insurance or pay a salvage award to a person who salvages the vessel's cargo; or(2) takes no action after a wreck incident to recovering or removing the vessel and its cargo.Natural Resources Commission; 312 IAC 6-2-2; filed Sep 11, 1997, 8:50 a.m.: 21 IR 367; readopted filed Jul 28, 2003, 12:00 p.m.: 27 IR 286; readopted filed Sep 28, 2009, 11:57 a.m.: 20091021-IR-312090152RFAFiled 11/24/2015, 4:05 p.m.: 20151223-IR-312150295RFAReadopted filed 9/23/2021, 9:42 a.m.: 20211020-IR-312210342RFA