27-255. Bonds
A. The commissioner, in his discretion, may require the applicant for a mineral
exploration permit, prior to issuance of such permit, to file with the commissioner a
surety bond, in form and amount and with surety approved by the commissioner, conditioned
upon the prompt payment to the owner and lessee of the surface of state land to be
covered by the permit, or across which the permittee exercises the right of ingress or
egress, for any loss to such owner or lessee from damage or destruction caused by the
permittee or his or its agents or employees to grasses, forage, crops and improvements
upon such state lands.
B. The commissioner may also require the permittee to furnish a bond, in a
reasonable amount to be fixed by the commissioner, conditioned that the permittee will
guarantee restoration of the surface of the land described in the mineral exploration
permit to its former condition upon any partial or total relinquishment of such lands, or
the cancellation or expiration of the permit other than by issuance of a mineral lease.
C. On default, the commissioner may use the proceeds of the bond for the purposes
described in subsection A or B.
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