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Rule: 17.24.1120 Prev     Up     Next    
Rule Title: BONDING: DETERMINATION OF FORFEITURE AMOUNT
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Department: ENVIRONMENTAL QUALITY
Chapter: RECLAMATION
Subchapter: Strip and Underground Mine Reclamation Act: Bonding, Insurance, Reporting, and Special Areas
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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17.24.1120    BONDING: DETERMINATION OF FORFEITURE AMOUNT

The department shall either:

(1) determine the amount of the bond to be forfeited on the basis of the estimated cost to the department or its contractor to complete the reclamation plan and other regulatory requirements in accordance with the Act, the rules adopted pursuant thereto, and the requirements of the permit; or

(2) forfeit the entire amount of the bond for which liability is outstanding and deposit the proceeds thereof in an interest-bearing escrow account for use in the payment of all costs and administrative expenses associated with the conduct of reclamation, restoration or abatement activities by the department.

 

History: 82-4-205, MCA; IMP, 82-4-223, 82-4-232, 82-4-235, MCA; NEW, 1980 MAR p. 725, Eff. 4/1/80; TRANS, from DSL, 1996 MAR p. 3042; AMD, 2024 MAR p. 260, Eff. 2/10/24.


 

 
MAR Notices Effective From Effective To History Notes
17-432E 2/10/2024 Current History: 82-4-205, MCA; IMP, 82-4-223, 82-4-232, 82-4-235, MCA; NEW, 1980 MAR p. 725, Eff. 4/1/80; TRANS, from DSL, 1996 MAR p. 3042; AMD, 2024 MAR p. 260, Eff. 2/10/24.
4/1/1980 2/10/2024 History: 82-4-204, 82-4-205, MCA; IMP, 82-4-223, 82-4-232, 82-4-235, MCA; NEW, 1980 MAR p. 725, Eff. 4/1/80; TRANS, from DSL, 1996 MAR p. 3042.
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