Section 6829.3 - Additional financial assurance for offshore oil or gas lease(a) The commission shall seek additional infrastructure bonding or other financial assurance, as feasible, under its jurisdiction when a lease term is negotiated or renegotiated for an offshore oil or gas lease.(b) The commission shall coordinate with the State Oil and Gas Supervisor to ensure the actions taken pursuant to this section and Section 3205.6 are not duplicative.Ca. Pub. Res. Code § 6829.3
Added by Stats 2018 ch 607 (SB 1147),s 5, eff. 1/1/2019.