Code of Federal Regulations (Last Updated: May 6, 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 3800 - Mining Claims Under the General Mining Laws |
Subpart 3809 - Surface Management |
Forfeiture of Financial Guarantee |
§ 3809.595 - When may BLM initiate forfeiture of my financial guarantee?
Latest version.
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§ 3809.595 When may BLM initiate forfeiture of my financial guarantee?
BLM may initiate forfeiture of all or part of your financial guarantee for any project area or portion of a project area if -
(a) You (the operator or mining claimant) refuse or are unable to conduct reclamation as provided in the reclamation measures incorporated into your notice or approved plan of operations or the regulations in this subpart;
(b) You fail to meet the terms of your notice or your approved plan of operations; or
(c) You default on any of the conditions under which you obtained the financial guarantee.