Real Property - As introduced, increases, from 10 days to 10 business days, the time that a clerk and master has to send by certified mail a copy of the notice that the clerk and master has received a complaint of claim of abandoned mineral interest identifying the recipient as the owner of the mineral interest and that the interest will lapse in 60 days after publication of the complaint once a week for three consecutive weeks in a newspaper of general circulation in the county in which the ...
Assigned to General Subcommittee of Senate Commerce and Labor Committee
Summary
The bill amends Tennessee law to replace a ten‑calendar‑day deadline with a ten‑business‑day deadline for clerks and masters to send certified‑mail notices of abandoned mineral‑interest complaints. This change affects the officials who issue the notices and owners of mineral interests who must receive them. It aims to give officials a more realistic timeframe for mailing while preserving the owners’ right to be informed before the interest lapses.
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