4 Va. Admin. Code § 25-130-801.18

Current through Register Vol. 40, No. 22, June 17, 2024

Section 4VAC25-130-801.18 - Criteria for release of bond

(a) The division shall release bond furnished in accordance with §§ 45.2-1016 and 45.2-1043 of the Virginia Coal Surface Mining Control and Reclamation Act through the standards specified at 4VAC25-130-800.40 upon receipt of an application for Phase I, II or III release.

(b) The division shall terminate jurisdiction for the permit area, or any increment thereof upon approval of the Phase III bond release for that area.

(c) In the event a forfeiture occurs, the division may, after utilizing the available bond monies, utilize the Fund as necessary to complete reclamation liabilities for the permit area.

4 Va. Admin. Code § 25-130-801.18

Derived from VR480-03-19 §801.18, eff. December 15, 1981; amended, eff. June 28, 1982; October 28, 1982; December 14, 1982; October 11, 1983; December 27, 1983; May 8, 1984; June 22, 1984; August 2, 1984; October 16, 1985; January 7, 1987; July 22, 1987; November 25, 1987; October 12, 1988; December 26, 1990; July 1, 1991; July 17, 1991; November 20, 1991; July 7, 1992; May 5, 1993; October 19, 1994; Virginia Register Volume 20, Issue 23, eff. October 12, 2004; Amended, Virginia Register Volume 38, Issue 13, eff. 3/31/2022.

Statutory Authority: § 45.2-103 of the Code of Virginia.