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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) The Division of Environmental Quality may institute proceedings to have the bond or substituted security of the operator forfeited for any of the following reasons, including, but not limited to:
(1) Failure to abate any violation of this subchapter or any rule promulgated thereunder;
(2) Failure to comply with the terms and conditions of the open-cut mining permit or the bond;
(3) Failure to comply with any order of the division;
(4) Failure to reclaim any affected land in accordance with this subchapter; or
(5) Insolvency, bankruptcy, or receivership of the operator.
(b) The division shall notify the operator in writing of the bond forfeiture, and the operator shall be given an opportunity for a hearing as provided in this subchapter.
Cite this article: FindLaw.com - Arkansas Code Title 15. Natural Resources and Economic Development § 15-57-317. Bond forfeiture proceedings - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-15-natural-resources-and-economic-development/ar-code-sect-15-57-317/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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