1. (1) Mineral reserves that cannot be reliably measured have no contributory value for property tax purposes.
2. (2) Parcels with inactive indicated mineral reserves should be valued and subclassified without consideration of any mineral reserves.

Authority: T.C.A. §§ 67-1-305, 67-5-502(d) and 67-5-801. Administrative History: Original rule filed April 25, 2017; effective July 24, 2017.