25 CFR 162.234
§ 162.234 Must a tenant provide a bond under an agricultural lease?
United States · 25 CFR — Indians · Status: effective
Cite this
- Citation
- 25 CFR 162.234, § 162.234 Must a tenant provide a bond under an agricultural lease?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/105458
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Full text
Unless otherwise provided by a tribe under § 162.203 of this subpart, or waived by us at the request of the owners of a majority interest in an agricultural lease tract, the tenant must provide a bond to secure:
(a) The payment of one year's rental;
(b) The construction of any required improvements;
(c) The performance of any additional lease obligations, including the payment of operation and maintenance charges under § 162.228(b) of this subpart; and
(d) The restoration and reclamation of the leased premises, to their condition at the commencement of the lease term or some other specified condition.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.