{"data":{"id":"us/25-cfr-162.436","jurisdiction":"us","citation":"25 CFR 162.436","heading":"What is the release process for a performance bond or alternative form of security under a business lease?","body":"(a) Upon expiration, termination, or cancellation of the lease, the lessee may ask BIA in writing to release the performance bond or alternative form of security.\n(b) Upon receiving a request under paragraph (a) of this section, BIA will:\n(1) Confirm with the tribe, for tribal land or, where feasible, with the Indian landowners for individually owned Indian land, that the lessee has complied with all lease obligations; and\n(2) Release the performance bond or alternative form of security to the lessee, unless we determine that the bond or security must be redeemed to fulfill the contractual obligations.","path":["Title 25—Indians","CHAPTER I—BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR","SUBCHAPTER H—LAND AND WATER","PART 162—LEASES AND PERMITS","Subpart D—Business Leases"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-25.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:59Z","sha256":"03fe5a142072bc2fbe2cb348b8d1501d855814c78690f56d3bb48df50f11955b","source_id":"us-cfr","stale":true,"prev":"us/25-cfr-162.435","next":"us/25-cfr-162.437"},"notice":"GroundRules: Original legal text. Not legal advice."}
