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Indiana Code Title 14. Natural and Cultural Resources § 14-34-7-11

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 11.  (a) The director may not accept an applicant's self-bond under this chapter in an increment unless, when the self-bond is initially approved under this chapter, the total area of the increment is one hundred percent (100%) self-bonded.

(b) When a self-bond is initially accepted from a permit applicant under this chapter, the self-bond may cover areas subject to the permit on which, as of July 1, 1995, grading has been deferred.

(c) After a self-bond is accepted under this chapter:

(1) coverage under the self-bond continues on any area subject to a grading deferral that is in existence on July 1, 1995, if the grading deferral is subsequently extended beyond its original term;  but

(2) an area subject to the permit as to which a grading deferral is granted after July 1, 1995, may not be covered by self-bonding.

(d) An area described in subsection (c)(2):

(1) must be covered by another form of bond allowed under IC 14-34-6;  and

(2) may not be covered by the surface coal mine reclamation bond pool established by IC 14-34-8.

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Cite this article: FindLaw.com - Indiana Code Title 14. Natural and Cultural Resources § 14-34-7-11 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-14-natural-and-cultural-resources/in-code-sect-14-34-7-11/

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