Code of Federal Regulations · Section

§ 3106.60 — Bond Requirements

43 C.F.R. § 3106.60

View:

Where the lessee or operating rights owner (sublessee) maintains a bond covering the lease, the assignee of record title interest or transferee of operating rights in such lease must furnish, if bond coverage continues to be required, a proper bond that will cover any obligations arising under the lease to the same extent as the assignor's or transferor's bond.

43 C.F.R. § 3106.50 43 C.F.R. § 3106.71

Authorizing Statute

Definitions
42 U.S.C. § 15801
Rules and regulations; boundary lines; State rights unaffected; taxation
30 U.S.C. § 189
Rules and regulations governing operations; limitations on oil or gas leases
25 U.S.C. § 396d
Congressional declaration of policy
43 U.S.C. § 1701