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§ 3106.60 Bond requirements.

43 CFR 3106.60

Citation43 CFR 3106.60
CorpusDaily eCFR
Displayed edition2026-04-15
Last updated2026-04-15

§ 3106.60 Bond requirements.

Where the lessee or operating rights owner (sublessee) maintains a bond covering the lease, the assignee of record title interest or transferee of operating rights in such lease must furnish, if bond coverage continues to be required, a proper bond that will cover any obligations arising under the lease to the same extent as the assignor's or transferor's bond.

Approval of Transfer or Assignment