Every person who acquires the right to operate any well, whether by purchase, transfer, assignment, conveyance, exchange, or otherwise, shall file an indemnity or cash bond, with his or her own name or company as principal, in the appropriate amount to cover obligations covered under the previous operator's bond.
Cal. Code Regs. Tit. 14, § 1722.1
2. Amendment filed 12-28-84; effective thirtieth day thereafter (Register 84, No. 52).
3. Amendment of section heading and section filed 7-11-2006; operative 8-10-2006 (Register 2006, No. 28).
Note: Authority cited: Sections 3013 and 3106, Public Resources Code. Reference: Sections 3204, 3205, 3205.1 and 3205.5, Public Resources Code.
2. Amendment filed 12-28-84; effective thirtieth day thereafter (Register 84, No. 52).
3. Amendment of section heading and section filed 7-11-2006; operative 8-10-2006 (Register 2006, No. 28).