Tennessee Code 60-1-704 – Release of reclamation bond
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Terms Used In Tennessee Code 60-1-704
- Gas: means all natural gas and all other fluid hydrocarbons not defined as oil, including condensate because it originally was in a gaseous phase in the reservoir. See Tennessee Code 60-1-101
- Oil: means crude petroleum that was originally in an oil phase in the reservoir. See Tennessee Code 60-1-101
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- Supervisor: means the commissioner of environment and conservation or the commissioner's designee. See Tennessee Code 60-1-101