27-993. New exploration operation
78 words·~1 min read·
/az/title-27/27-993A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. Beginning April 1, 1997, the owner or operator of a new exploration operation shall furnish a financial assurance mechanism to the state mine inspector in an amount equivalent to two thousand dollars per acre of new surface disturbance, unless the inspector approves a cost estimate for an amount less than two thousand dollars per acre.
B. An owner or operator may provide a single financial assurance mechanism for all of its exploration operations conducted in this state.