30 C.F.R. § 585.531

Current through May 31, 2024
Section 585.531 - [Effective 7/15/2024] What happens if the value of my financial assurance is reduced?

If the value of your financial assurance is reduced below the required financial assurance amount because of a default or any other reason, you must provide additional financial assurance sufficient to meet the requirements of this subpart within 45 days or within a different period as specified by BOEM.

30 C.F.R. §585.531

88 FR 6430, 1/31/2023; 89 FR 42740, 7/15/2024