§3504.56. If I have more than one permit or lease, may I combine bond coverage?
43 C.F.R. § 3504.56
Yes. Instead of filing separate bonds for each permit or lease, you may file a bond to cover all permits and leases for a specific mineral in any one state, or nationwide. We will establish the amount of the bond; however, the minimums are:
$25,000 for statewide bonds. File these bonds in the BLM State Office for the state where your leases are located.
$75,000 for nationwide bonds. File these bonds in any BLM State Office.
Notes, amendments, and revision history
Authority
Authority: 5 U.S.C. 552; 30 U.S.C. 189, 192c, and 209; 43 U.S.C. 1701 et seq.; and sec. 402, Reorganization Plan No. 3 of 1946 (5 U.S.C. appendix).
Source
Source: 64 FR 53536, Oct. 1, 1999, unless otherwise noted.