43 CFR 3809.572 - What happens if BLM rejects a financial instrument in my State-approved financial guarantee?

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Title 43: Public Lands: Interior

Subtitle B: Regulations Relating to Public Lands (Continued)

CHAPTER II: BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR

SUBCHAPTER C: MINERALS MANAGEMENT (3000)

PART 3800: MINING CLAIMS UNDER THE GENERAL MINING LAWS

Subpart 3809: Surface Management

: State-Approved Financial Guarantee

3809.572 - What happens if BLM rejects a financial instrument in my State-approved financial guarantee

If BLM rejects a submitted financial instrument in an existing State-approved financial guarantee, BLM will notify you and the State in writing, with a complete explanation of the reasons for the rejection within 30 calendar days of BLM's receipt of the evidence of State-approved financial guarantee. You must provide BLM with a financial guarantee acceptable under this subpart at least equal to the amount of the rejected financial instrument.

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