Sec. 134.121. PERFORMANCE BOND REQUIREMENT. (a) After a surface coal mining and reclamation permit application has been approved but before the permit is issued, the applicant shall file with the commission, on a form prescribed and furnished by the commission, a performance bond payable to this state and conditioned on the faithful performance of the requirements of this chapter and the permit.
(b) The bond shall cover the area of land in the permit area on which the applicant will begin and conduct surface coal mining and reclamation operations during the initial term of the permit.
(c) The permit holder shall provide an additional bond or bonds to cover a succeeding increment of surface coal mining and reclamation operations conducted in the permit area at the time the increment begins.
Added by Acts 1995, 74th Leg., ch. 76, Sec. 12.02(a), eff. Sept. 1, 1995.
Structure Texas Statutes
Chapter 134 - Texas Surface Coal Mining and Reclamation Act
Subchapter F. Bonds and Deposits
Section 134.121. Performance Bond Requirement
Section 134.122. Amount of Bond
Section 134.123. Bond Without Surety
Section 134.124. Alternative to Bonding Program
Section 134.125. Extent of Liability Under Bond
Section 134.126. Security for Bond
Section 134.127. Adjustment of Amount of Bond or Deposit
Section 134.128. Application for Release of Bond or Deposit
Section 134.130. Inspection and Evaluation
Section 134.131. Release of Bond or Deposit
Section 134.132. Notice to Permit Holder of Decision to Approve or Disapprove Release