Tenn. Comp. R. & Regs. 0400-52-01-.07
At any time the Supervisor causes a notice of noncompliance to be served upon an operator (principal), copies of such notice shall be mailed to the resident agent writing such bond (where the address is known) and to the Bonding Agent at the address provided to the Tennessee Department of Commerce and Insurance for receipt of notices. The Bonding Agent shall be afforded the opportunity to act in behalf of the operator (principal) within the time set forth in regard to the proper plugging of the well or wells and submission of required well records, down hole data, and plugging reports and/or reclamation of the well site and access roads. Should the operator (principal) and Bonding Agent fail to comply within the time provided, then and only in that event, the plugging bond shall be forfeited, and/or the reclamation bond used to reclaim the well site and access roads.
Tenn. Comp. R. & Regs. 0400-52-01-.07
Authority: T.C.A §§ 60-1-201 et seq., and 4-5-201 et seq.