Sec. 134.122. AMOUNT OF BOND. (a) The commission shall determine the amount of the bond required for each bonded area.
(b) The amount of the bond shall:
(1) reflect the probable difficulty of the reclamation, considering factors including:
(A) topography;
(B) geology of the site;
(C) hydrology; and
(D) revegetation potential; and
(2) be sufficient to assure completion of the reclamation plan if the commission has to perform the work in the event of forfeiture.
(c) The bond for the entire area under one permit may not be less than $10,000.
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