§ 14-34-7-11 — Incremental self-bonds; coverage of deferred grading areas

(a) The director may not accept an
applicant's self-bond under this chapter in an increment unless, when
the self-bond is initially approved under this chapter, the total area of
the increment is one hundred percent (100%) self-bonded.
(b) When a self-bond is initially accepted from a permit applicant
under this chapter, the self-bond may cover areas subject to the permit
on which, as of July 1, 1995, grading has been deferred.
(c) After a self-bond is accepted under this chapter:
(1) coverage under the self-bond continues on any area subject to
a grading deferral that is in existence on July 1, 1995, if the
grading deferral is subsequently extended beyond its original
term; but
(2) an area subject to the permit as to which a grading deferral is
granted after July 1, 1995, may not be covered by self-bonding.
(d) An area described in subsection (c)(2):
(1) must be covered by another form of bond allowed under IC 14-34-6; and
(2) may not be covered by the surface coal mine reclamation bond
pool established by IC 14-34-8.

Legislative History

As added by P.L.176-1995, SEC.21.