25 C.F.R. § 162.234

Must a tenant provide a bond under an agricultural lease?

Last amended: 2016Year: 2025Length: 100 wordsSubsections: 4Official source

Cite as 25 C.F.R. § 162.234 (2025)

Unless otherwise provided by a tribe under § 162.203 of this subpart, or waived by us at the request of the owners of a majority interest in an agricultural lease tract, the tenant must provide a bond to secure: (a) The payment of one year's rental; (b) The construction of any required improvements; (c) The performance of any additional lease obligations, including the payment of operation and maintenance charges under § 162.228(b) of this subpart; and (d) The restoration and reclamation of the leased premises, to their condition at the commencement of the lease term or some other specified condition.
Cross-references to the CFR
162.203162.228
25 C.F.R. § 162.234: Must a tenant provide a bond under an agricultural lease? | Justis AI