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

43 CFR 3215.10: When may BLM collect against my bond?

Where this section sits in the code

Title 43—Public Lands: Interior
Subtitle B—Regulations Relating to Public Lands
CHAPTER II—BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
SUBCHAPTER C—MINERALS MANAGEMENT (3000)
PART 3200—GEOTHERMAL RESOURCE LEASING
Subpart 3215—Bond Release, Termination, and Collection

If you fail to comply with the requirements listed at § 3200.4, we may collect money from the bond to correct your noncompliance. This amount can be as large as the face amount of the bond. Some examples of when we will collect against your bond are when you do not properly or in a timely manner:

(a) Plug and abandon a well;

(b) Reclaim the lease area;

(d) Pay assessed royalties to compensate for drainage.

Collected 2026-08-27T02:26:15Z. Source file · JSON

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