(1) The department may approve the assignment of an exploration license contingent on the following conditions:
- (a) The licensee submits to the department a completed application, on a form provided by the department, which includes the name and address of the proposed assignee and the name and address of that person's resident agent, if any.
- (b) The assignee commits in writing to conduct the operations in full compliance with the terms and conditions of the license; and,
- (c) The assignee certifies they are eligible to hold an exploration license pursuant to the provisions of 82-4-331(3), MCA and provides sufficient bond to guarantee performance of the Act, this subchapter, and the license.
Authorizing statute(s): 82-4-321, MCA
Implementing statute(s): 82-4-331, 82-4-332, MCA
History: NEW, 2024 MAR p. 1060, Eff. 5/11/24.