Plain English Breakdown
The official source material does not provide details on what happens if a notice is sent late or how this change will affect existing property rights laws.
Changing Notice Time for Abandoned Mineral Interests
This bill changes the time limit from ten days to ten business days for sending notices of abandoned mineral interest claims by certified mail.
What This Bill Does
- Changes the time limit from ten days to ten business days for sending notices of abandoned mineral interest claims.
- Requires these notices to be sent via certified mail.
Who It Names or Affects
- Owners of mineral interests in Tennessee
- Clerks and masters who handle property claims
Terms To Know
- abandoned mineral interest
- A mineral interest that has been left unclaimed or unused for a long time.
- clerk and master
- An official who manages legal documents and proceedings in Tennessee courts.
Limits and Unknowns
- The bill does not specify what happens if the notice is sent late.
- It's unclear how this change will affect existing property rights laws.