Electronic Code of Federal Regulations
|
e-CFR data is current as of January 15, 2021 |
Title 30 → Chapter VII → Subchapter J → Part 800 → §800.30 |
Title 30: Mineral Resources
PART 800—BOND AND INSURANCE REQUIREMENTS FOR SURFACE COAL MINING AND RECLAMATION OPERATIONS UNDER REGULATORY PROGRAMS
§800.30 Replacement of bonds.
(a) The regulatory authority may allow a permittee to replace existing bonds with other bonds that provide equivalent coverage.
(b) The regulatory authority shall not release existing performance bonds until the permittee has submitted, and the regulatory authority has approved, acceptable replacement performance bonds. Replacement of a performance bond pursuant to this section shall not constitute a release of bond under §800.40.
[48 FR 32959, July 19, 1983, as amended at 81 FR 93381, Dec. 20, 2016; 82 FR 54972, Nov. 17, 2017]