Indiana Administrative Code (Last Updated: December 20, 2016) |
Title 312. NATURAL RESOURCES COMMISSION |
Article 312IAC16. OIL AND GAS |
Rule 312IAC16-4. Bonding in Addition to Annual Well Fee |
Section 312IAC16-4-4. Bond forfeiture
Latest version.
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The director may order bond forfeiture if any permit secured by a bond is revoked or if findings of the department otherwise support a forfeiture. Bond forfeitures are governed by IC 4-21.5 and 312 IAC 3-1. (Natural Resources Commission; 312 IAC 16-4-4; filed Feb 23, 1998, 11:30 a.m.: 21 IR 2337; readopted filed Nov 17, 2004, 11:00 a.m.: 28 IR 1315; readopted filed Mar 25, 2010, 2:57 p.m.: 20100421-IR-312100033RFA; readopted filed Sep 30, 2015, 12:13 p.m.: 20151028-IR-312150224RFA)