Sec. 89.028. ESCROW FUNDS. (a) Escrow funds described by Section 89.023(a)(3)(F) must be deposited with the commission each time an operator files an application for an extension of the deadline for plugging an inactive well.
(b) Escrow funds deposited with the commission may be released only with the approval of the commission as prescribed by commission rule.
Added by Acts 2009, 81st Leg., R.S., Ch. 442 (H.B. 2259), Sec. 2, eff. September 1, 2009.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 562 (H.B. 3134), Sec. 7, eff. June 17, 2011.
Section: Previous 89.021 89.022 89.023 89.024 89.025 89.026 89.027 89.028 89.029 89.030 89.041 89.042 89.043 89.044 89.045 NextLast modified: September 28, 2016