Or. Admin. Code § 632-033-0045 - Obtaining Financial Security Releases
(1) The permittee shall notify the department
when the provisions of the permit have been completed.
(2) The department shall inspect the
reclaimed site. If the permittee has fulfilled the requirements of the
Exploration Permit, the financial security shall be released, the permit
terminated and the permittee notified. The department may authorize financial
security reduction if the reclamation or drill hole abandonment procedures are
partially completed or for other reasons if the financial security is greater
than the anticipated obligation for the next 12 months.
Notes
Stat. Auth.: ORS 517
Stats. Implemented: ORS 517.725
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