43 C.F.R. § 3809.505
How do the financial guarantee requirements of this subpart apply to my existing plan of operations?
For each plan of operations approved before January 20, 2001, for which you or your predecessor in interest posted a financial guarantee under the regulations in force before that date, you must post a financial guarantee according to the requirements of this subpart no later than November 20, 2001, at the local BLM office with jurisdiction over the lands involved. You do not need to post a new financial guarantee if your existing financial guarantee satisfies this subpart. If you are conducting operations under a plan of operations approved before January 20, 2001, but you have not provided a financial guarantee, you must post a financial guarantee under § 3809.551 by September 13, 2001.
Notes of Decisions
Cited in 2
cases, 2011–2013 · leading case: Ctr. for Biological Diversit v. Ken Salazar, 706 F.3d 1085 (9th Cir. 2013).
Ctr. for Biological Diversit v. Ken Salazar, 706 F.3d 1085 (9th Cir. 2013). “To update its financial guarantee, BLM asked Denison to submit a revised reclamation bond estimate, in accordance with a 2000 regulation amending the level of financial guarantee required, see 43 C.F.R. § 3809.505 , to cover the reclamation costs outlined in the 1988 plan of…”
Ctr. for Biological Diversity v. Salazar, 791 F. Supp. 2d 687 (D. Ariz. 2011). “AR2347-48, 2360; see 43 C.F.R. § 3809.505 (requiring an updated bond amount where operations are being conducted under a plan approved before January 20, 2001); § 3809.”
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