RCW 78.60.130
Performance bond or other security—Required.
Every operator who engages in the drilling, redrilling, or deepening of any well or core hole shall file with the department a reasonable bond or bonds with good and sufficient surety, or the equivalent thereof, acceptable to the department, conditioned on compliance with the provisions of this chapter and all rules and permit conditions adopted pursuant to this chapter. This performance bond shall be executed in favor of and approved by the department.
In lieu of a bond the operator may file with the department a cash deposit, negotiable securities acceptable to the department, or an assignment of a savings account in a Washington bank on an assignment form prescribed by the department. The department, in its discretion, may accept a single surety or security arrangement covering more than one well or core hole.
[ 2007 c 338 § 3; 1974 ex.s. c 43 § 13. Formerly RCW 79.76.130.]
Structure Revised Code of Washington
Title 78 - Mines, Minerals, and Petroleum
Chapter 78.60 - Geothermal Resources.
78.60.010 - Legislative declaration.
78.60.040 - Geothermal resources deemed sui generis.
78.60.050 - Administration of chapter.
78.60.070 - Drilling permits—Applications—Hearing—Fees.
78.60.080 - Drilling permits—Criteria for granting.
78.60.090 - Casing requirements.
78.60.120 - Notification of abandonment or suspension of operations—Required—Procedure.
78.60.130 - Performance bond or other security—Required.
78.60.140 - Termination or cancellation of bond or change in other security, when.
78.60.150 - Notification of sale, exchange, etc.
78.60.160 - Combining orders, unitization programs and well spacing—Authority of department.
78.60.170 - Designation of resident agent for service of process.
78.60.180 - General authority of department.
78.60.190 - Employment of personnel.
78.60.200 - Drilling records, etc., to be maintained—Inspection—Filing.
78.60.220 - Statement of geothermal resources produced—Filing.
78.60.230 - Confidentiality of records—Preservation in an electronic data system.
78.60.240 - Removal, destruction, alteration, etc., of records prohibited.
78.60.250 - Violations—Modification of permit, when necessary—Departmental order—Issuance—Appeal.
78.60.260 - Liability in damages for violations—Procedure.
78.60.270 - Injunctions—Restraining orders.