§ 166.601 - How is the amount of the bond determined?

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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.

                    
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§ 166.601 - How is the amount of the bond determined?

§ 166.601 How is the amount of the bond determined?