Sec. 131.206. INCREASE OR DECREASE OF BOND. (a) The amount of the bond or deposit required and the terms of acceptance of the applicant's bond or substitute collateral may be increased or decreased from time to time to reflect changes in the cost of future reclamation of land mined or to be mined.
(b) The amount of the bond or substitute collateral may be reduced only in accordance with the provisions of Sections 131.208 through 131.213 of this code.
Acts 1977, 65th Leg., p. 2627, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Structure Texas Statutes
Chapter 131 - Uranium Surface Mining and Reclamation Act
Subchapter E. Bonds and Deposits
Section 131.201. Performance Bond Requirement
Section 131.202. Amount of Performance Bond
Section 131.203. Bond Without Surety
Section 131.204. Extent of Liability Under Bond
Section 131.205. Security for Bond
Section 131.206. Increase or Decrease of Bond
Section 131.207. Forfeiture of Operator's Performance Bond
Section 131.208. Application for Release of Performance Bond or Deposit
Section 131.210. Inspection and Evaluation
Section 131.211. Basis for Release of Bond or Deposit
Section 131.212. Disapproval of Application for Bond or Deposit Release
Section 131.213. Notice of Release to Local Governmental Agency