30 U.S.C. · Mineral Lands and Mining
30 U.S.C. § 1716

Liabilities and bonding

Ch. 29 — OIL AND GAS ROYALTY MANAGEMENT
Title 30 U.S.C. ● ACTIVE Primary Source Ch. 29
Statutory Text

30 U.S.C. § 1716 — Liabilities and bonding

U.S.C. Title 30 - MINERAL LANDS AND MINING 30 U.S.C. United States Code, 2023 Edition Title 30 - MINERAL LANDS AND MINING CHAPTER 29 - OIL AND GAS ROYALTY MANAGEMENT SUBCHAPTER I - FEDERAL ROYALTY MANAGEMENT AND ENFORCEMENT Sec. 1716 - Liabilities and bonding From the U.S. Government Publishing Office, www.gpo.gov

§1716. Liabilities and bonding

A person (including any agent or employee of the United States and any independent contractor) authorized to collect, receive, account for, or otherwise handle any moneys payable to, or received by, the Department of the Interior which are derived from the sale, lease, or other disposal of any oil or gas shall be— (1) liable to the United States for any losses caused by any intentional or reckless action or inaction of such individual with respect to such moneys; and (2) in the case of an independent contractor, required as the Secretary deems necessary to maintain a bond commensurate with the amount of money for which such individual could be liable to the United States.

(Pub. L. 97–451, title I, §106, Jan. 12, 1983, 96 Stat. 2452.)

Source: uscode.house.gov — public domain Official Source ↗
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BS-USC30-SEC-593A30
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STATUTE / FEDERAL-CODE-SECTION
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Citation
30 U.S.C. § 1716
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Federal — United States
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PRIMARY-SOURCE
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The statutory text of 30 U.S.C. § 1716 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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