This file is indexed.

/usr/share/ltsp/plugins/ltsp-build-client/Debian/030-default-lts-conf is in ltsp-server 5.4.2-6+deb7u1.

This file is owned by root:root, with mode 0o644.

The actual contents of the file can be viewed below.

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case "$MODE" in
    finalization)
	    # create default lts.conf
        cat <<EOF > $ROOT/etc/lts.conf
# This is the default lts.conf file for ltsp 5.  For more information about
# valid options please see lts.conf(5) man page, available in the ltsp-docs
# package.
#
# Note that things like sound and local device support are auto-enabled if the
# corresponding packages are installed, there is no need to manually set these
# options anymore.

[default] 
    LTSP_CONFIG=True
    #SOUND=False
    #LOCALDEV=False
    #CONFIGURE_X=False
EOF
        ;;
esac