§ 585.531. What happens if the value of my financial assurance is reduced?
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/us/cfr/t30/s§ 585.531·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If the value of your financial assurance is reduced below the required financial assurance amount because of a default or any other reason, you must provide additional financial assurance sufficient to meet the requirements of this subpart within 45 days or within a different period as specified by BOEM.