§60-49.12. Definitions.

60 OK Stat § 60-49.12 (2019) (N/A)
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DEFINITIONS.

In the Uniform Environmental Covenants Act:

1. “Activity and use limitations” means restrictions or obligations created under this act with respect to real property;

2. “Agency” means the Department of Environmental Quality or any other state or federal agency that determines or approves the environmental response project pursuant to which the environmental covenant is created;

3. “Common interest community” means a condominium, cooperative, or other real property with respect to which a person, by virtue of the person’s ownership of a parcel of real property, is obligated to pay property taxes or insurance premiums, or for maintenance, or improvement of other real property described in a recorded covenant that creates the common interest community;

4. “Environmental covenant” means a servitude arising under an environmental response project that imposes activity and use limitations;

5. “Environmental response project” means a plan or work performed for environmental remediation of real property and conducted:

a.under a federal or state program governing environmental remediation of real property, including remedial actions provided for in the Oklahoma Environmental Quality Code,

b.incident to closure of a solid or hazardous waste management unit, if the closure is conducted with approval of an agency, or

c.under a state voluntary cleanup program authorized in the Oklahoma Brownfields Voluntary Redevelopment Act;

6. “Holder” means the grantee of an environmental covenant as specified in subsection A of Section 3 of this act;

7. “Person” means an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture, public corporation, government, governmental subdivision, agency, or instrumentality, or any other legal or commercial entity;

8. “Record”, used as a noun, means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form; and

9. “State” means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States.

Added by Laws 2006, c. 182, § 2, eff. Jan. 1, 2007.