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Federal regulations · Through 2026-08-25 · Newer source version available

30 CFR 1243.7: What must a person do when posting a bond or other surety instrument or demonstrating financial solvency on behalf of an appellant?

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Where this section sits in the code
  1. Title 30—Mineral Resources
  2. CHAPTER XII—OFFICE OF NATURAL RESOURCES REVENUE, DEPARTMENT OF THE INTERIOR
  3. SUBCHAPTER A—NATURAL RESOURCES REVENUE
  4. PART 1243—SUSPENSIONS PENDING APPEAL AND BONDING—OFFICE OF NATURAL RESOURCES REVENUE
  5. Subpart A—General Provisions

If you assume an appellant's responsibility to post a bond or other surety instrument or demonstrate financial solvency under § 1243.5, you:

(a) Must notify ONRR in writing at the address specified in § 1243.200(a) that you are assuming the appellant's responsibility under this part;

(b) May not assert that you are not otherwise liable for royalties or other payments under 30 U.S.C. 1712(a), or any other theory, as a defense if ONRR calls your bond or requires you to pay based on your demonstration of financial solvency; and

(c) May end your voluntarily-assumed responsibility for posting a bond or other surety instrument only after the appellant under this part either:

(1) Pays or posts a bond or other surety instrument; or

(2) Demonstrates financial solvency.

Collected 2026-08-27T02:25:24Z. Source file · JSON

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