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 3800 - Mining Claims Under the General Mining Laws |
Subpart 3809 - Surface Management |
State-Approved Financial Guarantee |
§ 3809.572 - What happens if BLM rejects a financial instrument in my State-approved financial guarantee?
Latest version.
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§ 3809.572 What happens if BLM rejects a financial instrument in my State-approved financial guarantee?
If BLM rejects a submitted financial instrument in an existing State-approved financial guarantee, BLM will notify you and the State in writing, with a complete explanation of the reasons for the rejection within 30 calendar days of BLM's receipt of the evidence of State-approved financial guarantee. You must provide BLM with a financial guarantee acceptable under this subpart at least equal to the amount of the rejected financial instrument.