Mich. Admin. Code R. 425.16

Current through Vol. 24-24, January 15, 2025
Section R. 425.16 - Liability on surety or security bond

Rule 16.

(1) Liability on a surety bond or security bond is conditioned upon compliance with the act and these rules, and continues until the mining area reclamation is completed and approved by the supervisor.
(2) The supervisor shall advise the surety and the principal when liability is terminated on a bond filed for the portion or the whole of the mining area reclaimed. A security bond deposited with the state treasurer shall be released only upon written direction of the supervisor.
(3) The supervisor shall look to the surety or the security bond for correction of unsatisfactory conditions not otherwise corrected, and all expenses shall be paid through the surety or security bond in case of default by the principal.

Mich. Admin. Code R. 425.16

1979 AC