Section 11.87.050. Exploration bond.

Latest version.

The permittee may be required to furnish a personal or corporate surety bond acceptable to the commissioner and conditioned upon compliance with all the terms of the permit. The commissioner will determine the amount of the bond based on the scope of the activity planned. Operations requiring a bond may not commence until an acceptable bond has been filed. Within 30 days after receipt of a completed application, the commissioner will notify the applicant whether bond will be required.

Authorities

38.05.020;38.05.181;41.06.020;41.06.040

Notes

Authority
 AS 38.05.020  
AS 38.05.181  
AS 41.06.020  
AS 41.06.040(b)  
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History Eff. 5/8/83, Register 86

                    
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