43 C.F.R. § 3602.15

What will happen to my bond if I transferred all of my interests or operations to another bonded party?

Last amended: 2016Year: 2026Length: 56 wordsOfficial source

Cite as 43 C.F.R. § 3602.15 (2026)

BLM will cancel your bond obligations following approval of the transfer of your interests or operations if the transferee provides a bond that assumes all of your existing liabilities as required in § 3602.24. However, under § 3602.26, you remain liable for any reclamation or other obligation that accrued during the time you held your interest.
Cross-references to the CFR
3602.24.3602.26
43 C.F.R. § 3602.15: What will happen to my bond if I transferred all of my interests or operations to another bonded party? | Justis AI