Section 0600-11-.04 - CLASSIFYING PARCELS WITH MINERAL RESERVES(1) Properties identified as having mineral reserves shall be classified into one of the following categories:(a) Active Mineral Reserves;(b) Depleted Mineral Reserves;(c) Inactive measured mineral reserves;(d) Inactive indicated mineral reserves; or(e) Minerals not subject to appraisal.(2) Factors to be considered in evaluating mineral reserves include inherent mining and drilling hazards, regulatory restrictions, and market conditions.Tenn. Comp. R. & Regs. 0600-11-.04
Original rule filed April 25, 2017; effective 7/24/2017.Authority: T.C.A. §§ 67-1-305, 67-5-502(d) and 67-5-601(d).