to a political subdivision or unit of federal or state government, a person who owned, operated, or otherwise controlled the petroleum facility immediately before title or control was conveyed.
as a nongovernmental entity under IC 13-24-1.
of petroleum; and
if the person seeks to sell, re-lease (in the case of a lease finance transaction), or otherwise divest the person of the petroleum facility at the earliest practicable, commercially reasonable time, on commercially reasonable terms, taking into account market conditions and legal and regulatory requirements.
IC 13-11-2-151
Pre-1996 Recodification Citation: 13-7-20.1-3.