Section 11.97.350. Successor in interest.

Latest version.

If an interest in a mining operation is transferred from one miner to another by sale, assignment, lease, or otherwise before completion of reclamation and approval by the commissioner, the plan must be amended as provided in 11 AAC 97.330 to reflect the transfer. The commissioner will approve the amendment and will release the predecessor in interest from the reclamation obligations, if  
		(1) the operation is in compliance with the reclamation plan,  
		(2) the successor assumes full responsibility and liability under the approved reclamation plan, and  
		(3) the bonding requirements are met.

Authorities

27.19.030;27.19.100

Notes

Reference

11 AAC 97.445

Authority
 Sec. 2, ch. 92, SLA  
1990  
AS 27.19.030  
AS 27.19.100  
________________________
History Eff. 7/30/92, Register 123

                    
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