§ 166.601. How is the amount of the bond determined?
66 words·~1 min read·
/us/cfr/t25/s§ 166.601·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)The amount of the bond for each permit is based on the:
(1)Value of one year's grazing rental payment;
(2)Value of any improvements to be constructed;
(3)Cost of performance of any additional obligations; and
(4)Cost of performance of restoration and reclamation.
(b)Tribal policy made applicable by § 166.100 of this part may establish or waive specific bond requirements for permits.