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§ 14-34-7-11 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 14 - Natural and Cultural Resources/
  5. Article 34 - Surface Coal Mining and Reclamation/
  6. Chapter 7 - Self-bonding14-34-7-0.5. "Collateral" Defined/
  7. § 14-34-7-11
Indiana Legal Code

§ 14-34-7-11

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(a) The director may not accept an applicant's self-bond under this chapter in an increment unless, when the self-bond is initially approved under this chapter, the total area of the increment is one hundred percent (100%) self-bonded.(b) When a self-bond is initially accepted from a permit applicant under this chapter, the self-bond may cover areas subject to the permit on which, as of July 1, 1995, grading has been deferred.(c) After a self-bond is accepted under this chapter:(1) coverage under the self-bond continues on any area subject to a grading deferral that is in existence on July 1, 1995, if the grading deferral is subsequently extended beyond its original term; but(2) an area subject to the permit as to which a grading deferral is granted after July 1, 1995, may not be covered by self-bonding.(d) An area described in subsection (c)(2):(1) must be covered by another form of bond allowed under IC 14-34-6; and(2) may not be covered by the surface coal mine reclamation bond pool established by IC 14-34-8.As added by P.L.176-1995, SEC.21.