Electronic Code of Federal Regulations
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e-CFR data is current as of March 1, 2021 |
Title 30 → Chapter VII → Subchapter J → Part 800 → §800.20 |
Title 30: Mineral Resources
PART 800—BOND AND INSURANCE REQUIREMENTS FOR SURFACE COAL MINING AND RECLAMATION OPERATIONS UNDER REGULATORY PROGRAMS
§800.20 Surety bonds.
(a) A surety bond shall be executed by the operator and a corporate surety licensed to do business in the State where the operation is located.
(b) Surety bonds shall be noncancellable during their terms, except that surety bond coverage for lands not disturbed may be cancelled with the prior consent of the regulatory authority. The regulatory authority shall advise the surety, within 30 days after receipt of a notice to cancel bond, whether the bond may be cancelled on an undisturbed area.
[48 FR 32959, July 19, 1983, as amended at 81 FR 93381, Dec. 20, 2016; 82 FR 54972, Nov. 17, 2017]