GEORGIA CODE (Last Updated: August 20, 2013) |
Title 46. PUBLIC UTILITIES AND PUBLIC TRANSPORTATION |
Chapter 4. DISTRIBUTION, STORAGE, AND SALE OF GAS |
Article 3. UNDERGROUND STORAGE OF GAS |
Section 46-4-59. Effect of abandonment of reservoir by gas utility; evidence of abandonment; approval of abandonment by commission
Latest version.
- When a gas utility which has exercised the power of eminent domain pursuant to Code Section 46-4-57 permanently abandons the entire underground reservoir for the storage of gas, the condemned property shall revert to the then owners of the land, the mineral rights, royalties, and other interests relating to the property in proportion to their several ownership interests. Good faith exploration or development work relative to a proposed or approved underground gas storage project shall be conclusive evidence that such project has not been abandoned. No gas utility shall abandon an underground reservoir for the storage of gas without first receiving an order of the commission approving such abandonment.
Code 1933, § 93-812, enacted by Ga. L. 1965, p. 463, § 1.