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43 CFR 3581.5

§ 3581.5 Bond.

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

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Citation
43 CFR 3581.5, § 3581.5 Bond, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/213369
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Full text

Prior to lease issuance, the lessee shall furnish a bond of not less than $2,000 conditioned upon compliance with all terms and conditions of the lease, including the prescribed investment requirement. The authorized officer reserves the right to increase the bond amount.

Legislative history

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