11 AAC 97.350 - Successor in interest

If an interest in a mining operation is transferred from one miner to another by sale, assignment, lease, or otherwise before completion of reclamation and approval by the commissioner, the plan must be amended as provided in 11 AAC 97.330 to reflect the transfer. The commissioner will approve the amendment and will release the predecessor in interest from the reclamation obligations, if

(1) the operation is in compliance with the reclamation plan,

(2) the successor assumes full responsibility and liability under the approved reclamation plan, and

(3) the bonding requirements are met.

Notes

11 AAC 97.350

Eff. 7/30/92, Register 123

Authority: Sec. 2, ch. 92, SLA

1990

AS 27.19.030

AS 27.19.100