14-34-6-14.3. Release of Bond Covering Undisturbed Area
Sec. 14.3. The director may release the bond, deposit, or letter of credit covering an area that has not been disturbed by surface coal mining activities. A release under this subsection is not subject to the public notice and hearing requirements set forth in sections 7 through 14 of this chapter. As added by P.L.176-1995, […]
14-34-6-14.6. Release of Bond Covering Disturbed Area
Sec. 14.6. (a) This section applies when an applicant or permittee submits a bond, deposit, or letter of credit covering an area that: (1) has been disturbed by surface coal mining activities; and (2) is covered by another bond, deposit, or letter of credit previously submitted by another permittee. (b) Except as provided in subsection […]
14-34-6-15. Abandoned Mine Reclamation Fund
Sec. 15. (a) As used in this section, “fund” refers to the post-1977 abandoned mine reclamation fund established by this section. (b) The post-1977 abandoned mine reclamation fund is established. The fund consists of bond forfeiture money collected under section 16 of this chapter and the civil penalties described in IC 14-34-16-9. Unless the prior […]
14-34-6-16. Forfeiture of Bond
Sec. 16. (a) The director may order the forfeiture of all or part of a bond for a permit area or an increment of a permit area, regardless of whether the entire area has been disturbed by surface mining activities, if: (1) the permittee does not conduct reclamation operations in accordance with the applicable reclamation […]
14-34-6-4. Execution of Bond
Sec. 4. The operator and a corporate surety: (1) licensed to do business in Indiana; and (2) recognized by the treasurer of state as holding a certificate of authority from the United States Department of the Treasury as an acceptable surety on federal bonds; shall execute the bond. [Pre-1995 Recodification Citation: 13-4.1-6-4.] As added by […]
14-34-6-5. Options Instead of Bond
Sec. 5. (a) Instead of a bond, an operator may elect to deposit: (1) cash; (2) negotiable bonds of the United States government or of Indiana; or (3) negotiable certificates of deposit or letters of credit of a bank organized or transacting business in the United States; in an amount or that has a market […]
14-34-6-6. Adjustment of Bond or Deposit Amount
Sec. 6. The director shall adjust the amount of the bond or deposit required and the terms of each acceptance of the applicant’s bond periodically as: (1) affected land acreages are increased or decreased; (2) changes occur in the cost of future reclamation; or (3) significant changes occur in the history of the mining and […]
14-34-6-7. Release of Bond or Deposit; Publication of Notice
Sec. 7. (a) After a permit is issued, the permittee may apply to the director for the release of all or part of the bond or deposit. As part of the bond release application, the permittee must do the following: (1) Submit copies of letters that the permittee has sent by certified mail to: (A) […]
14-34-6-8. Bond Release Application; Notification
Sec. 8. If an application for total or partial bond release is filed with the director, the director shall notify appropriate: (1) local governmental bodies; (2) planning agencies; (3) sewage and water treatment authorities; or (4) water companies; in the county in which the surface coal mining operation is located by certified mail at least […]
14-34-6-9. Inspection and Evaluation
Sec. 9. Within thirty (30) days of receipt of a bond release application, the director shall conduct an inspection and evaluation of the reclamation work involved. The evaluation must include the following: (1) The degree of difficulty to complete a remaining reclamation. (2) Whether pollution of surface and subsurface water is occurring. (3) The probability […]