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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 |
§ 3809.571 - What forms of State-approved financial guarantee are acceptable to BLM?
Latest version.
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§ 3809.571 What forms of State-approved financial guarantee are acceptable to BLM?
You may provide a State-approved financial guarantee in any of the following forms, subject to the conditions in §§ 3809.570 and 3809.574:
(a) The kinds of individual financial guarantees specified under § 3809.555;
(b) Participation in a State bond pool, if -
(1) The State agrees that, upon BLM's request, the State will use part of the pool to meet reclamation obligations on public lands; and
(2) The BLM State Director determines that the State bond pool provides the equivalent level of protection as that required by this subpart; or
(c) A corporate guarantee that existed on January 20, 2001, subject to the restrictions on corporate guarantees in § 3809.574.