{"data":{"id":"us/30-cfr-1243.100","jurisdiction":"us","citation":"30 CFR 1243.100","heading":"What standards must my ONRR-specified surety instrument meet?","body":"(a) An ONRR-specified surety instrument must be in a form specified in ONRR instructions. ONRR will give you written information and standard forms for ONRR-specified surety instrument requirements.\n(b) ONRR will use a bank-rating service to determine whether a financial institution has an acceptable rating to provide a surety instrument adequate to indemnify the lessor from loss or damage.\n(1) Administrative appeal bonds must be issued by a qualified surety company which the Department of the Treasury has approved.\n(2) Irrevocable letters of credit or certificates of deposit must be from a financial institution acceptable to ONRR with a minimum 1-year period of coverage subject to automatic renewal up to 5 years.","path":["Title 30—Mineral Resources","CHAPTER XII—OFFICE OF NATURAL RESOURCES REVENUE, DEPARTMENT OF THE INTERIOR","SUBCHAPTER A—NATURAL RESOURCES REVENUE","PART 1243—SUSPENSIONS PENDING APPEAL AND BONDING—OFFICE OF NATURAL RESOURCES REVENUE","Subpart B—Bonding Requirements"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-30.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:24Z","sha256":"ad2a62d598485bd9adb05494f3dc2f26d5c16dd6498d969c3f611483c7d0fe9e","source_id":"us-cfr","stale":true,"prev":"us/30-cfr-1243.12","next":"us/30-cfr-1243.101"},"notice":"GroundRules: Original legal text. Not legal advice."}