68-215-202 - Ownership of petroleum site or petroleum underground storage tank or property on which a petroleum site or petroleum underground storage tank is located. - Tennessee Statutes

68-215-202. Ownership of petroleum site or petroleum underground storage tank or property on which a petroleum site or petroleum underground storage tank is located.

A holder is not an “owner” of a petroleum site or a petroleum underground storage tank or UST system, for purposes of compliance with the underground storage tank technical standards, corrective action requirements and financial responsibility requirements; provided that party does not participate in the management of the petroleum underground storage tank as defined in this part and does not engage in petroleum production, refining and marketing.

[Acts 1996, ch. 733, § 3.]