Learn More
Log In
Sign Up
Ariz. Rev. Stat. § 27-997 – Rules; release, forfeiture or exercise of financial assurance | Midpage
Collections
Arizona Revised Statutes
Title 27
Chapter 5
Article 5
§ 27-997
Ariz. Rev. Stat. § 27-997
Rules; release, forfeiture or exercise of financial assurance
A. The state mine inspector shall adopt rules for reviewing and acting on:
1. Applications to release all or part of the financial assurance under this article.
2. Forfeiture or exercise of the financial assurance on failure to implement a reclamation plan as required by this article.
B. The rules shall provide for written notice to all principals and sureties on the financial assurance and an opportunity for a hearing.