---
kind: "section"
citation: "25 C.F.R. § 2.402"
title: "25"
number: "2.402"
heading: "What form of appeal bond will the reviewing official accept?"
url: "https://uscodex.org/cfr/25/2.402"
---

# §2.402. What form of appeal bond will the reviewing official accept?


The reviewing official will only accept an appeal bond that has a market value at least equal to the total bond amount in one, or a combination of, the following forms.

- (a) Negotiable U.S. Treasury securities, accompanied by a statement granting the AS-IA full authority to sell the securities and direct the proceeds to the party who was harmed by the appellant's unsuccessful appeal.
- (b) Certificates of deposit that indicate on their face that AS-IA approval is required prior to redemption by any party.
- (c) An irrevocable letter of credit issued by a federally insured financial institution and made payable to the Office of the AS-IA. The letter of credit must have an initial expiration date of not less than two years from the date of issuance and be automatically renewable for at least one year.
- (d) A surety bond issued by a company approved by the U.S. Department of the Treasury.

## Notes

### Authority

Authority: 43 U.S.C. 1457; 25 U.S.C. 9; 5 U.S.C. 301.

### Source

Source: 88 FR 53779, Aug. 9, 2023, unless otherwise noted.