May I substitute a demonstration of financial solvency for a bond posted before the effective date of this rule?

  1. Law
  2. CFR 30
  3. Mineral Resources
  4. Office of Natural Resources Revenue, Department of the Interior
  5. Natural Resources Revenue
  6. Suspensions Pending Appeal and Bonding - Office of Natural Resources Revenue
  7. General Provisions
  8. May I substitute a demonstration of financial solvency for a bond posted before the effective date of this rule?

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§ 1243.12 May I substitute a demonstration of financial solvency for a bond posted before the effective date of this rule?

If you appealed an order before June 14, 1999 and you submitted an ONRR-specified surety instrument to suspend compliance with that order, you may replace the surety with a demonstration of financial solvency under this part at an administratively convenient time, such as when the surety instrument is due for renewal.


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