Section R. 324.216 - Notice of release of conformance bond or release of well from blanket conformance bondRule 216.
(1) The supervisor or authorized representative of the supervisor shall advise the surety company and the permittee when the conformance bond has been released or a well has been released from a blanket conformance bond.(2) The supervisor or authorized representative of the supervisor shall return cash to the permittee or securities to the institution that provided the bonding instrument when the conformance bond has been released.Mich. Admin. Code R. 324.216