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43 CFR 3106.60

§ 3106.60 Bond requirements.

United States · 43 CFR — Public Lands: Interior · Status: effective

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43 CFR 3106.60, § 3106.60 Bond requirements, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/211828
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Full text

Where the lessee or operating rights owner (sublessee) maintains a bond covering the lease, the assignee of record title interest or transferee of operating rights in such lease must furnish, if bond coverage continues to be required, a proper bond that will cover any obligations arising under the lease to the same extent as the assignor's or transferor's bond.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.