Code of Federal Regulations · Section
§ 3214.10 — Who Must Post A Geothermal Bond?
43 C.F.R. § 3214.10
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(a) The lessee or operator must post a bond with BLM before exploration, drilling, or utilization operations begin.
(b) Before we approve a lease transfer or recognize a new designated operator, the lessee or operator must file a new bond or a rider to the existing bond, unless all previous operations on the land have already been reclaimed.
Authorizing Statute
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Congressional declaration of policy43 U.S.C. § 1701