Code of Federal Regulations (Last Updated: October 10, 2024) |
Title 25 - Indians |
Chapter I - Bureau of Indian Affairs, Department of the Interior |
SubChapter H - Land and Water |
Part 166 - Grazing Permits |
Subpart G - Bonding and Insurance Requirements |
§ 166.601 - How is the amount of the bond determined?
Latest version.
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§ 166.601 How is the amount of the bond determined?
(a) The amount of the bond for each permit is based on the:
(1) Value of one year's grazing rental payment;
(2) Value of any improvements to be constructed;
(3) Cost of performance of any additional obligations; and
(4) Cost of performance of restoration and reclamation.
(b) Tribal policy made applicable by § 166.100 of this part may establish or waive specific bond requirements for permits.