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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 43 - Public Lands: Interior |
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Subtitle B - Regulations Relating to Public Lands |
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Chapter II - Bureau of Land Management, Department of the Interior |
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SubChapter C - Minerals Management (3000) |
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Part 3200 - Geothermal Resource Leasing |
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Subpart 3214 - Personal and Surety Bonds |
§ 3214.18 - Who will BLM hold liable under the lease and what are they liable for?
Latest version.
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§ 3214.18 Who will BLM hold liable under the lease and what are they liable for?
BLM will hold all interest owners in a lease jointly and severally liable for compliance with the requirements of § 3200.4 for obligations that accrue while they hold their interest. Among other things, all interest owners are jointly and severally liable for:
(a) Plugging and abandoning wells;
(b) Reclaiming the surface and other resources;
(c) Compensatory royalties assessed for drainage; and
(d) Rent and royalties due.