NAC 519A.157

Conditions to remedy default on obligations relating to reclamation of exploration project or mining operation in this State.

Last amended: 2022Year: 2026Length: 99 wordsOfficial source

Cite as Nev. Admin. Code Sec. 519A.157

For purposes of NRS 519A.190 and 519A.210 and NAC 519A.156 , a default on an obligation relating to reclamation of an exploration project or mining operation in this State has been remedied if: 1. The applicant, operator or person who has a controlling interest pays the full amount of the defaulted obligation or provides evidence that the full amount of the defaulted obligation has been paid and not discharged through bankruptcy; and 2. The applicant, operator or person who has a controlling interest demonstrates that the conditions which led to the default have been remedied and no longer exist.
NAC 519A.157: Conditions to remedy default on obligations relating to reclamation of exploration project or mining operation in this State. | Justis AI