South Dakota § 45-6B-22 Surety bond--Surety other than bond--Considerations by board.

South Dakota Statutes

§ 45-6B-22 — Surety bond--Surety other than bond--Considerations by board.

South Dakota § 45-6B-22

Title 45MINING, OIL AND GAS

Ch. 45-6AMINED LAND RECLAMATION

This text of South Dakota § 45-6B-22 (Surety bond--Surety other than bond--Considerations by board.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 45-6B-22 (2026).

Text

In determining whether the surety of an operator shall be guaranteed by a corporate surety bond and in determining the form of surety to be provided by the operator if other than a bond, the Board of Minerals and Environment shall consider, with respect to the operator, such factors as the operator's financial status, assets within the state, past performance on contractual agreements, and facilities available to carry out the planned work. The operator shall supply evidence of financial responsibility for all surety other than a bond.

Free access — add to your briefcase to read the full text and ask questions with AI

In determining whether the surety of an operator shall be guaranteed by a corporate surety bond and in determining the form of surety to be provided by the operator if other than a bond, the Board of Minerals and Environment shall consider, with respect to the operator, such factors as the operator's financial status, assets within the state, past performance on contractual agreements, and facilities available to carry out the planned work. The operator shall supply evidence of financial responsibility for all surety other than a bond.