Sec. 4.1. (a) Before January 1, 1996, all self-bonds in effect on July 1, 1995, must be replaced in one (1) of the following ways:
(1) The self-bond may be replaced by another form of bond allowed under IC 13-4.1-6.
(2) The self-bonded permittee may reapply for self-bonding under this chapter.
(b) If the application of a permittee submitted under subsection (a)(2) is not accepted, the permittee must replace its self-bond with another form of bond allowed under IC 14-34-6.
As added by P.L.176-1995, SEC.14.
Structure Indiana Code
Title 14. Natural and Cultural Resources
Article 34. Surface Coal Mining and Reclamation
14-34-7-0.5. "Collateral" Defined
14-34-7-0.6. "Comparative Balance Sheet" Defined
14-34-7-0.7. "Comparative Income Statement" Defined
14-34-7-1. "Liabilities" Defined
14-34-7-2. "Net Worth" Defined
14-34-7-2.5. "Surface Mining Control and Reclamation Act" Defined
14-34-7-3. "Tangible Net Worth" Defined
14-34-7-4. "Current Assets" Defined
14-34-7-4.1. Method of Replacement of Self-Bonds
14-34-7-5. "Corporate Guarantee" Defined
14-34-7-6. Self-Bond or Corporate Guarantee; Percentage of Net Worth
14-34-7-7. Indemnity Agreement
14-34-7-7.1. Collateral and Indemnity Agreement to Support Self-Bond Application
14-34-7-8. Updated Information for Self-Bond or Corporate Guarantee
14-34-7-9. Change in Financial Condition
14-34-7-10. Report of Public Accounting Consultant
14-34-7-11. Incremental Self-Bonds; Coverage of Deferred Grading Areas
14-34-7-12. Alternate Forms of Self-Bonds; Monitoring of Reclamation