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Current as of January 02, 2025 | Updated by Findlaw Staff
You may provide a State-approved financial guarantee in any of the following forms, subject to the conditions in §§ 3809.570 and 3809.574:
(a) The kinds of individual financial guarantees specified under § 3809.555;
(b) Participation in a State bond pool, if—
(1) The State agrees that, upon BLM's request, the State will use part of the pool to meet reclamation obligations on public lands; and
(2) The BLM State Director determines that the State bond pool provides the equivalent level of protection as that required by this subpart; or
(c) A corporate guarantee that existed on January 20, 2001, subject to the restrictions on corporate guarantees in § 3809.574.
Cite this article: FindLaw.com - Code of Federal Regulations Title 43. Public Lands: Interior § 43.3809.571 What forms of State-approved financial guarantee are acceptable to BLM? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-43-public-lands-interior/cfr-sect-43-3809-571/
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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