Sec 27-997. Rules; release, forfeiture or exercise of financial assurance

Latest version.

A. The state mine inspector shall adopt rules for reviewing and acting on:

1. Applications to release all or part of the financial assurance under this article.

2. Forfeiture or exercise of the financial assurance on failure to implement a reclamation plan as required by this article.

B. The rules shall provide for written notice to all principals and sureties on the financial assurance and an opportunity for a hearing.

                    
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