312 IAC 8-4-2 Participation in a group boat dock; minimum requirements

Sec. 2. (a) To qualify for a group boat dock, one (1) of the following must be satisfied: (1) Each person who has a boat slip must own real estate adjoining federal project land. (2) Each person who has a boat slip must own a lot in an incorporated subdivision composed of contiguous lots where at least twenty-five percent (25%) of the lots adjoin project land. The person who owns one (1) of these lots is eligible for a slip in the group boat dock. (3) Each person who has a boat slip must be a joint owner in property managed by a corporation where the corporation has managed the property continuously since December 31, 1968. This subdivision does not apply if the corporation becomes dissolved, merged, or transferred to another entity. (b) For a property to qualify under subsection (a), the property must have a size and shape that is adequate for cabin-type development adjoining federal project lands.