43 CFR 3602.15: What will happen to my bond if I transferred all of my interests or operations to another bonded party?
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 3600—MINERAL MATERIALS DISPOSAL
- Subpart 3602—Mineral Materials Sales
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.
Collected 2026-08-27T02:26:15Z. Source file · JSON