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§ 3803. Financial Assurance Mechanisms.

14 CA ADC § 3803Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 14. Natural Resources
Division 2. Department of Conservation
Chapter 8. Mining and Geology
Subchapter 1. State Mining and Geology Board
Article 11. Financial Assurance Mechanisms
14 CCR § 3803
§ 3803. Financial Assurance Mechanisms.
Currentness
Financial Assurance Mechanisms may take the form of any one or a combination of the following:
(a) For non-governmental entity operators:
(1) Surety bonds;
(2) Irrevocable letters of credit; and
(3) Trust funds;
(b) For governmental entity operators:
(1) Surety bonds;
(2) Irrevocable letters of credit;
(3) Trust funds;
(4) Pledges of Revenue; or
(5) Budget Set Aside.

Credits

Note: Authority cited: Sections 2775 and 2773.1, Public Resources Code. Reference: Section 2773.1(e), Public Resources Code.
History
1. New section filed 2-23-94 as an emergency; operative 2-23-94 (Register 94, No. 8). A Certificate of Compliance must be transmitted to OAL by 6-23-94 or emergency language will be repealed by operation of law on the following day.
2. Certificate of Compliance as to 2-23-94 order transmitted to OAL 6-22-94 and filed 8-3-94 (Register 94, No. 31).
3. Amendment of first paragraph and Note filed 5-24-2018; operative 7-1-2018 (Register 2018, No. 21).
This database is current through 4/26/24 Register 2024, No. 17.
Cal. Admin. Code tit. 14, § 3803, 14 CA ADC § 3803
End of Document