Current through Vol. 24-19, November 1, 2024
Section R. 299.2336 - Notice of release of conformance bond or release of well from blanket conformance bondRule 2336.
(1) The supervisor of mineral wells or authorized representative of the supervisor of mineral wells shall advise the surety company and the permittee when the conformance bond has been released or a well has been released from a blanket conformance bond.(2) The supervisor of mineral wells or authorized representative of the supervisor of mineral wells shall return cash to the permittee or securities to the institution that provided the bonding instrument when the conformance bond has been released.Mich. Admin. Code R. 299.2336