Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 43 - Public Lands: Interior |
Subtitle B - Regulations Relating to Public Lands |
Chapter II - Bureau of Land Management, Department of the Interior |
SubChapter C - Minerals Management (3000) |
Part 3200 - Geothermal Resource Leasing |
Subpart 3214 - Personal and Surety Bonds |
§ 3214.13 - What is the minimum dollar amount required for a bond?
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§ 3214.13 What is the minimum dollar amount required for a bond?
The minimum bond amount varies depending on the type of activity you are proposing and whether your bond will cover individual, statewide, or nationwide activities. The minimum dollar amounts and bonding options for each type of activity are found in the following regulations:
(a) Exploration operations - see § 3251.15;
(b) Drilling operations - see § 3261.18; and
(c) Utilization operations - see §§ 3271.12 and 3273.19.