State Codes and Statutes
Statutes > Wisconsin > 30 > 30.20130.201
30.201 Financial assurance for nonmetallic mining.30.201(1)
(1) If the department requires that financial assurance be provided as a condition for a permit under s. 30.19, 30.195, or 30.20 or for a contract under s. 30.20 for nonmetallic mining and reclamation, the financial assurance may be a bond or alternative financial assurance. An alternative financial assurance may include cash or any of the following:30.201(1)(a)
(a) A certificate of deposit.30.201(1)(b)
(b) An irrevocable letter of credit.30.201(1)(c)
(c) An irrevocable trust.30.201(1)(d)
(d) An escrow account.30.201(1)(e)
(e) A government security.30.201(1)(f)
(f) Any other demonstration of financial responsibility.30.201(2)
(2) Any interest earned by the financial assurance shall be paid to the person operating the nonmetallic mining or reclamation project.30.201 - ANNOT.
History: 2003 a. 118.