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Code of Federal Regulations (Last Updated: April 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 3215 - Bond Release, Termination, and Collection |
§ 3215.12 - What will BLM do if I do not restore the face amount or file a new bond?
Latest version.
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§ 3215.12 What will BLM do if I do not restore the face amount or file a new bond?
If we collect against your bond and you do not restore it to the original face amount, we may shut in any well(s) or utilization facilities covered by that bond and may terminate affected leases.