![]() |
Code of Federal Regulations (Last Updated: July 5, 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 3500 - Leasing of Solid Minerals Other Than Coal and Oil Shale |
![]() |
Subpart 3504 - Fees, Rental, Royalty and Bonds |
![]() |
Bonding |
§ 3504.66 - Must I restore my bond to the full amount if payment has been made from my bond?
Latest version.
-
§ 3504.66 Must I restore my bond to the full amount if payment has been made from my bond?
Yes. After any default, BLM will notify you of the amount you must pay to restore your bond. We will give you no more than six months to post a new bond or increase the existing bond to its pre-default level. You may elect to file separate or substitute bonds for each permit or lease. If you do not replace your bond, BLM may take action to cancel the leases or permits covered by the bond.