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Current as of January 01, 2024 | Updated by Findlaw Staff
(1) When one operator succeeds to the interest of another in any uncompleted operation by sale, assignment, lease, or otherwise, the department may release the first operator from the duties imposed upon the operator by this part, provided that both operators comply with the requirements of this part and the successor operator assumes the duty of the former operator to complete the reclamation of the land, in which case the department shall transfer the permit to the successor operator upon approval of the successor operator's bond as required under this part.
(2) For an operation with a forfeited bond where the department holds a suspended permit pursuant to 82-4-341(8), the department may transfer the permit to a successor operator provided that the successor operator:
(a) complies with the requirements of this part; and
(b) assumes the duty of the former operator to complete reclamation and submits:
(i) any additional bond required under 82-4-338; and
(ii) a $2,000 fee.
Cite this article: FindLaw.com - Montana Title 82. Minerals, Oil, and Gas § 82-4-340. Successor operator - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-82-minerals-oil-and-gas/mt-st-82-4-340/
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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