Code of Federal Regulations · Section
§ 166.601 — How Is The Amount Of The Bond Determined?
25 C.F.R. § 166.601
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(a) The amount of the bond for each permit is based on the:
(1) Value of one year's grazing rental payment;
(2) Value of any improvements to be constructed;
(3) Cost of performance of any additional obligations; and
(4) Cost of performance of restoration and reclamation.
(b) Tribal policy made applicable by § 166.100 of this part may establish or waive specific bond requirements for permits.
Authorizing Statute
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Leases of restricted lands25 U.S.C. § 415
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Regulations by President25 U.S.C. § 9
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Departmental regulations5 U.S.C. § 301
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Records management by agency heads; general duties44 U.S.C. § 3101
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Driving stock to feed on lands25 U.S.C. § 179
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Transferred25 U.S.C. § 466
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Leases of lands held in trust25 U.S.C. § 403
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Leases of lands for grazing or mining25 U.S.C. § 397
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Leases of arid allotted lands25 U.S.C. § 394
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Findings25 U.S.C. § 3701
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Transferred25 U.S.C. § 476
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Leases of restricted allotments25 U.S.C. § 393
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Duties of Commissioner25 U.S.C. § 2
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Leases of surplus lands25 U.S.C. § 402