§ 14-34-6-1 — Bond requirements

(a) After a surface coal mining and reclamation
permit application is approved but before the permit is issued, the
applicant must file with the director, on a form prescribed and
furnished by the director, a bond for performance payable to the state
and conditional upon faithful performance of all the requirements of
this article and of the permit. The bond must cover the area of land
within the permit area upon which the operator will initiate and
conduct surface coal mining and reclamation operations within the
initial term of the permit.
(b) As succeeding increments of surface coal mining and
reclamation operations are initiated and conducted within the permit
area, the permittee must file with the director an additional bond to
cover those increments in accordance with this chapter.
(c) If a permittee files a bond that becomes unacceptable under
section 4 of this chapter, the permittee must file an acceptable bond as
required by the director.
[Pre-1995 Recodification Citation: 13-4.1-6-1.]

Legislative History

As added by P.L.1-1995, SEC.27.