43 C.F.R. · Public Lands: Interior
43 C.F.R. § 3104.2

Lease bond.

Title 43 C.F.R. ● ACTIVE Primary Source
Regulatory Text

43 C.F.R. § 3104.2 — Lease bond.

§ 3104.2 Lease bond. A lease bond may be posted by a lessee, owner of operating rights (sublessee), or operator in an amount of not less than $10,000 for each lease conditioned upon compliance with all of the terms of the lease. Where 2 or more principals have interests in different formations or portions of the lease, separate bonds may be posted. The operator on the ground shall be covered by a bond in his/her own name as principal, or a bond in the name of the lessee or sublessee, provided that a consent of the surety, or the obligor in the case of a personal bond, to include the operator under the coverage of the bond is furnished to the Bureau office maintaining the bond. [53 FR 22839, June 17, 1988]

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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Federation ID
BS-CFR43-SEC-6760B1
Entity Class
REGULATION / FEDERAL-CFR-SECTION
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boisestandard.org
Citation
43 C.F.R. § 3104.2
Corpus
CFR — Code of Federal Regulations
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✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
e43e3d8f74b28ae6...
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The regulatory text of 43 C.F.R. § 3104.2 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 43 43 C.F.R. § 3104.2