Section 43-02-02.2-13 - Bond1. Before any person receives a mining permit, the person shall submit to the department and obtain its approval of a surety bond or cash bond. An alternate form of security may be approved by the department. Each such surety bond must be executed by a responsible surety company authorized to transact business in North Dakota. 2. The amount of the bond must be commensurate with size and scope of the mining operation and the cost of abandoning operation and reclamation. 3. The information provided in section 43-02-02.2-18, along with any additional information available to the department, will be used to determine the reclamation costs. 4. The size and the scope of the operation will be evaluated annually and the department may increase or decrease the bond amount to reflect the results of the evaluation. N.D. Admin Code 43-02-02.2-13
Effective January 1, 2009.General Authority: NDCC 38-12-02
Law Implemented: NDCC 38-12-02