C.F.R. » Title 43 » CHAPTER II—BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR › SUBCHAPTER C—MINERALS MANAGEMENT (3000) › PART 3500—LEASING OF SOLID MINERALS OTHER THAN COAL AND OIL SHALE › Subpart 3504—Fees, Rental, Royalty and Bonds

43 C.F.R. § 3504.65

What happens to my bond if I do not meet my permit or lease obligations?

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BLM will demand payment from your bond to cover any obligations on which you default. Your bond will be reduced accordingly. If the surety makes a payment, we will reduce the face amount of the surety bond and the surety's liability by the amount of the payment.