Arizona Revised Statutes § 27-997 Rules; Release, Forfeiture Or Exercise Of Financial Assurance

27-997. Rules; release, forfeiture or exercise of financial assurance

A. The state mine inspector shall adopt rules for reviewing and acting on:

1. Applications to release all or part of the financial assurance under this article.

2. Forfeiture or exercise of the financial assurance on failure to implement a reclamation plan as required by this article.

B. The rules shall provide for written notice to all principals and sureties on the financial assurance and an opportunity for a hearing.

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Last modified: October 13, 2016