This chapter applies to land that:

1. (1) was owned by the state as of May 16, 1927;
2. (2) borders upon or lies adjacent to a lake or stream; and

3. (3) is not otherwise used or occupied or intended for use or occupation by an institution, a department, or an office of the state government.

   [Pre-1995 Recodification Citation: 14-3-10-1 part.]

As added by P.L.1-1995, SEC.11.