Administrative Rules of Montana
Department 17 - ENVIRONMENTAL QUALITY
Chapter 17.24 - RECLAMATION
Subchapter 17.24.11 - Strip and Underground Mine Reclamation Act: Bonding, Insurance, Reporting, and Special Areas
Rule 17.24.1110 - BONDING: REPLACEMENT OF BOND
Universal Citation: MT Admin Rules 17.24.1110
Current through Register Vol. 6, March 22, 2024
(1) The department may allow permittees to replace existing surety or collateral bonds with other surety or collateral bonds if the liability that has accrued against the permittee on the permit area is transferred to such replacement bonds.
(2) The department may not release existing performance bonds until the permittee has submitted and the department has approved acceptable replacement performance bonds. A replacement of performance bonds pursuant to this rule does not constitute a release of bond under ARM 17.24.1111.
AUTH: 82-4-205, MCA; IMP: 82-4-223, 82-4-232, 82-4-235, MCA
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