Montana § 82-4-314 Authorization For Sale Of Hard-Rock Mining Reclamation Bonds

Montana Statutes

§ 82-4-314 — Authorization For Sale Of Hard-Rock Mining Reclamation Bonds

Montana § 82-4-314

Title 82MINERALS, OIL, AND GAS

Ch. 4RECLAMATION

Part 3Metal Mine Reclamation

This text of Montana § 82-4-314 (Authorization For Sale Of Hard-Rock Mining Reclamation Bonds) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 82-4-314 (2026).

Text

82-4-314 . Authorization for sale of hard-rock mining reclamation bonds. The board of examiners is authorized to issue and sell hard-rock mining reclamation general obligation bonds in an amount not exceeding $8 million upon the request of the department, as provided for in 82-4-313 . Proceeds of the bonds or notes are allocated to the hard-rock mining reclamation special revenue account provided for in 82-4-315 to fund:

(1)legally required reclamation, operation, and maintenance at hard-rock mines that would otherwise not occur when the director of the department determines that there is no likelihood of getting additional funds from the mine operator and the available surety bond is insufficient; and

(2)the costs of issuing the bonds or notes.

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82-4-314 . Authorization for sale of hard-rock mining reclamation bonds. The board of examiners is authorized to issue and sell hard-rock mining reclamation general obligation bonds in an amount not exceeding $8 million upon the request of the department, as provided for in 82-4-313 . Proceeds of the bonds or notes are allocated to the hard-rock mining reclamation special revenue account provided for in 82-4-315 to fund:
(1) legally required reclamation, operation, and maintenance at hard-rock mines that would otherwise not occur when the director of the department determines that there is no likelihood of getting additional funds from the mine operator and the available surety bond is insufficient; and
(2) the costs of issuing the bonds or notes.