Section 11.82.957. Surrenders.

Latest version.

	(a)  When a licensee voluntarily surrenders an oil and gas exploration license, the provisions of 11 AAC 82.635 apply.  
	(b)  Upon the effective date of surrender of the license, a licensee shall forfeit to the state the security required in AS 38.05.132(c)(4)(B).

Authorities

38.05.131;38.05.132

Notes

Authority
 AS 38.05.131  
AS 38.05.132  
History Eff. 9/22/95, Register 135

                    
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