Sec. 305. Transfer, assignment, or sale of right
68 words·~1 min read·
/bill/114/s/2254/is/section-305A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Secretary concerned shall approve the transfer, assignment, or sale of rights of an exploration or mining permit only if the successor in interest agrees in writing to assume the liability and reclamation responsibilities (including the financial assurance requirements under section 304 (including applicable regulations)) established by the permit under this Act, without affecting the liability of the transferor under any other law or exploration or mining permit.