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QUESTION 10A

TYPES OF ACCEPTABLE BONDS

State Is a Performance Bond Required?
AL (2); (8) = Cash, U.S. Savings Bonds, municipal bonds.
AR (1); (2); (3); (4); (5); (6)
AZ (1); (2); (3); (4); (6); (8) = Self insurance, trust, corporate financial test, annuities, cash.
CA1 (1); (2); (4); (8) = trust funds.
CO (1); (2); (3); (4); (5); (6)
GA (2); (4); (8) = Cash.
IL (1); (2); (4)
IN (1); (2); (3); (4)
IA (1); (2); (8) = Cash.
KS (1); (2); (6); (8)
KY (1); (2); (4); (8) = Cash.
ME (2) = Only if the surety qualifies/meets the requirements established in rule; (4); (8).
MD (1); (2); (4); (8) = Cash.
MS (1); (2); (4)
MO (1); (2); (4); (6) = Only metallic minerals.
NV (1); (2); (4); (6); (7); (8) = Cash (Same for all mining. Not applicable to oil/gas & geothermal.)
NJ N/A
NM (1); (2); (3); (4); (8) = 3rd party guarantee and cash.
NY (1); (2); (4); (8)
NC (1); (2); (4)
OH (1); (2); (4); (8) = Cash.
OK (1); (2); (3); (4); (5)
OR (1); (2); (4)
PA (1); (2); (3); (4); (6); (8) = Annual payment in lieu of bond.
SC (1); (2); (4)
SD (1); (2); (4)
(Note: Bond is not based on commodity--See answer to question 10B.)
TN (2)
TX (1); (2); (3); (4); (6)
VA (1); (2); (7) = Minerals Reclamation Fund; (8) = Cash.
WA (1); (2); (4); (5); (8) = Cash.
WV (1); (2); (3); (4); (5); (6); (8)
WI (1); (2); (8)
WY (1); (2); (3); (4); (5); (6); (8)


1) CA: Varies by regional office.

KEY
(1) CERTIFICATE OF DEPOSIT
(2) SURETY
(3) COLLATERAL
(4) LETTERS OF CREDIT
(5) MORTGAGE OF REAL ESTATE
(6) SELF-BONDING
(7) BOND POOL
(8) OTHER (SPECIFIED)



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