Bond or security deposit for nonaggregate mineral operating permit
(1) Notwithstanding ORS 517.810 (Requirement for bond or security), for the purposes of ORS 517.905 (Applicability of ORS 517.910 to 517.989) to 517.951 (Legislative intent not to assume exclusive jurisdiction) the bond or security deposit required shall not exceed $10,000 per acre of land to be surface mined under the terms of the operating permit.
(2) The State Department of Geology and Mineral Industries may increase the amount of the bond or security required under subsection (1) of this section to an amount not to exceed the lower of actual cost of reclamation or $100,000 per acre of land to be mined under the terms of the operating permit if the operating permit applies to extraction, processing or beneficiation techniques the result of which:
(a) Will increase the concentration of naturally occurring hazardous or toxic metals and minerals identified by the governing board of the State Department of Geology and Mineral Industries under ORS 517.840 (Administration and enforcement of ORS 517.702 to 517.989) to a significantly higher level than that occurring naturally within the permitted site; and
(b) Is reasonably likely to present a threat to public health, safety or the environment.
(3) The increased bond or security deposit under subsection (2) of this section may be required only when the department determines that a threat to surface or subsurface waters is reasonably likely to exist as a result of the permitted activity. [1981 c.622 §10; 1985 c.292 §15; 1989 c.461 §3; 1995 c.79 §298; 2007 c.318 §24]
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information