Adjustment of Bond or Deposit Amount

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Sec. 6. The director shall adjust the amount of the bond or deposit required and the terms of each acceptance of the applicant's bond periodically as:

(1) affected land acreages are increased or decreased;

(2) changes occur in the cost of future reclamation; or

(3) significant changes occur in the history of the mining and reclamation activities of the applicant.

[Pre-1995 Recodification Citation: 13-4.1-6-6.]

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


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