Indiana Code 14-36-1-23. Amount of bond
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Sec. 23. The commission shall determine the bond amount after evaluation of the following:
(2) Business structure.
(1) Previous compliance.
Terms Used In Indiana Code 14-36-1-23
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- operation: means the premises, facilities, nonpublic roads, and equipment used in the process of producing minerals from a surface mine. See Indiana Code 14-36-1-8
- operator: means a person engaged in carrying on surface mining operations. See Indiana Code 14-36-1-9
- overburden: means the soil and other materials that lie above a mineral deposit. See Indiana Code 14-36-1-10
(3) Previous mining experience.
(4) Mining method.
(5) Size of operation.
(6) Depth of overburden.
(7) Geological formation.
(8) Attachable real property or other assets within Indiana.
(9) Other factors relative to the operator‘s ability to accomplish the intent of this chapter.
[Pre-1995 Recodification Citation: 13-4-6-5(f) part.]
As added by P.L.1-1995, SEC.29.