Code of Federal Regulations · Section

§ 3602.15 — What Will Happen To My Bond If I Transferred All Of My Interests Or Operations To Another Bonded Party?

43 C.F.R. § 3602.15

View:

BLM will cancel your bond obligations following approval of the transfer of your interests or operations if the transferee provides a bond that assumes all of your existing liabilities as required in § 3602.24. However, under § 3602.26, you remain liable for any reclamation or other obligation that accrued during the time you held your interest.

43 C.F.R. § 3602.14 43 C.F.R. § 3602.20

Authorizing Statute