Kentucky Statutes 350.064 – Reclamation bond to be filed by applicant
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(1) After a surface coal mining and reclamation permit application has been approved but before the permit is issued, the applicant shall file with the regulatory authority, on a form prescribed and furnished by the regulatory authority, a reclamation bond for performance payable, as appropriate, to the state, and conditional upon faithful performance of all the requirements of this chapter and the permit. The reclamation bond shall cover that area of land within the permit area upon which the applicant will initiate and conduct surface coal mining and reclamation operations within the initial term of the permit. As succeeding increments of surface coal mining and reclamation operations are to be initiated and conducted within the permit area, the permittee shall file with the cabinet an additional bond or bonds to cover the increments in accordance with this section.
(2) The cabinet may approve an alternative system that will achieve the objectives and purposes of the bonding program pursuant to this section.
Effective: July 14, 2018
History: Amended 2018 Ky. Acts ch. 85, sec. 3, effective July 14, 2018. — Amended
1992 Ky. Acts ch. 429, sec. 7, effective July 14, 1992. — Amended 1988 Ky. Acts ch.
417, sec. 2, effective July 15, 1988. — Created 1980 Ky. Acts ch. 209, sec. 4.
(2) The cabinet may approve an alternative system that will achieve the objectives and purposes of the bonding program pursuant to this section.
Terms Used In Kentucky Statutes 350.064
- applicant: means a person applying for a permit. See Kentucky Statutes 350.010
- Cabinet: means the Energy and Environment Cabinet. See Kentucky Statutes 350.010
- Operations: means surface coal mining operations, all of the premises, facilities, roads, and equipment used in the process of producing coal from a designated area or removing overburden for the purpose of determining the location, quality, or quantity of a natural coal deposit or the activity to facilitate or accomplish the extraction or the removal of coal. See Kentucky Statutes 350.010
- Permittee: means a person holding a permit to conduct surface coal mining and reclamation operations. See Kentucky Statutes 350.010
- Reclamation: means the reconditioning of the area affected by surface coal mining operations under a plan approved by the cabinet. See Kentucky Statutes 350.010
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
- Surface coal mining and reclamation operations: means surface coal mining operations and all activities necessary and incident to the reclamation of the operations as required by this chapter. See Kentucky Statutes 350.010
Effective: July 14, 2018
History: Amended 2018 Ky. Acts ch. 85, sec. 3, effective July 14, 2018. — Amended
1992 Ky. Acts ch. 429, sec. 7, effective July 14, 1992. — Amended 1988 Ky. Acts ch.
417, sec. 2, effective July 15, 1988. — Created 1980 Ky. Acts ch. 209, sec. 4.