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§1243.7. What must a person do when posting a bond or other surety instrument or demonstrating financial solvency on behalf of an appellant?

30 C.F.R. § 1243.7

If you assume an appellant's responsibility to post a bond or other surety instrument or demonstrate financial solvency under § 1243.5, you:
(a)
Must notify ONRR in writing at the address specified in § 1243.200(a) that you are assuming the appellant's responsibility under this part;
(b)
May not assert that you are not otherwise liable for royalties or other payments under 30 U.S.C. 1712(a), or any other theory, as a defense if ONRR calls your bond or requires you to pay based on your demonstration of financial solvency; and
(c)
May end your voluntarily-assumed responsibility for posting a bond or other surety instrument only after the appellant under this part either:
(1)
Pays or posts a bond or other surety instrument; or
(2)
Demonstrates financial solvency.
Notes, amendments, and revision history

Authority

Authority: 5 U.S.C. 301 et seq.; 25 U.S.C. 396 et seq., 396a et seq., 2101 et seq.; 30 U.S.C. 181 et seq., 351 et seq., 1001 et seq., 1701 et seq.; 31 U.S.C. 9701; 43 U.S.C. 1301 et seq., 1331 et seq., and 1801 et seq.

Source

Source: 64 FR 26254, May 13, 1999, unless otherwise noted. Redesignated at 75 FR 61087, Oct. 4, 2010.