43 CFR 3904.13

§ 3904.13 Acceptable forms of bonds.

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

Cite this

Citation: 43 CFR 3904.13, § 3904.13 Acceptable forms of bonds, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/214131
Permanent ID: ys:prov:214131@1
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Full text

(a) The BLM will accept either a personal bond or a surety bond. Personal bonds are pledges of any of the following: (1) Cash; (2) Cashier's check; (3) Certified check; or (4) Negotiable U.S. Treasury bonds equal in value to the bond amount. Treasury bonds must give the Secretary authority to sell the securities in the case of failure to comply with the conditions and obligations of the exploration license or lease. (b) Surety bonds must be issued by qualified surety companies approved by the Department of the Treasury. A list of qualified sureties is available at any BLM state office.

Legislative history

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