Code of Federal Regulations (Last Updated: October 10, 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 3800 - Mining Claims Under the General Mining Laws |
Subpart 3809 - Surface Management |
Individual Financial Guarantee |
§ 3809.553 - May I post a financial guarantee for a part of my operations?
Latest version.
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§ 3809.553 May I post a financial guarantee for a part of my operations?
(a) Yes, BLM may authorize you to provide a financial guarantee covering a part of your operations if -
(1) Your operations do not go beyond what is specifically covered by the partial financial guarantee; and
(2) The partial financial guarantee covers all reclamation costs within the incremental area of operations.
(b) BLM will review the amount and terms of the financial guarantee for each increment of your operations at least annually.