11 Alaska Admin. Code § 82.957

Current through September 25, 2024

Section 11 AAC 82.957 - Surrenders

(a) When a licensee voluntarily surrenders an oil and gas exploration license, the provisions of 11 AAC 82.635 apply.

(b) Upon the effective date of surrender of the license, a licensee shall forfeit to the state the security required in AS 38.05.132(c)(4)(B).

11 AAC 82.957

Eff. 9/22/95, Register 135

Authority:AS 38.05.131

AS 38.05.132