353.460 Definitions.
103 words·~1 min read·
/ky/chapter-353/353-460A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
As used in KRS 353.462 to 353.476, the following definitions shall apply:
(1)A "severed mineral interest" is any whole or fractional interest in any or all minerals
which have been severed from the surface estate by grant, exception, reservation or
other means.
(2)An "unknown or missing owner" is any person vested with a severed mineral
interest and whose present identity or location cannot be determined from the
records of the county in which the land is located or by diligent inquiry in the
vicinity of the owner's last known place of residence, and shall include his unknown
heirs, successors and assigns.