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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 3800 - Mining Claims Under the General Mining Laws |
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Subpart 3809 - Surface Management |
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State-Approved Financial Guarantee |
§ 3809.570 - Under what circumstances may I provide a State-approved financial guarantee?
Latest version.
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§ 3809.570 Under what circumstances may I provide a State-approved financial guarantee?
When you provide evidence of an existing financial guarantee under State law or regulations that covers your operations, you are not required to provide a separate financial guarantee under this subpart if -
(a) The existing financial guarantee is redeemable by the Secretary, acting by and through BLM;
(b) It is held or approved by a State agency for the same operations covered by your notice(s) or plan(s) of operations; and
(c) It provides at least the same amount of financial guarantee as required by this subpart.