STATE OF OKLAHOMA
DEPARTMENT OF MINES
2915 N. CLASSEN BLVD., SUITE 213
OKLAHOMA CITY, OK 73106
(405) 427-3859 FAX (405) 424-4932
THE MINING LANDS RECLAMATION ACT
SURETY BOND
Surety Company Bond No._____________________________
_________
_____________________________________
KNOW ALL MEN BY THESE PRESENTS
that the undersigned ______________________________________________, as
principal (mining company name), and ______________________________________________________________, as surety,
are held and firmly bound unto the State of Oklahoma in the penal sum of ____________________________________________
__________________________________________________________________________ Dollars ($____________________)
for the payment of which sum, well and truly to be made, we hereby jointly and severally bind ourselves, our heirs, administrators,
executors, successors, and assigns.
THE CONDITION OF THE ABOVE OBLIGATION IS SUCH
that whereas the above named principal does on
the_____________ day of ___________________, 20_____, file with the Department of Mines an application to secure a permit
to engage in mining in the State of Oklahoma under the terms and provisions of The Mining Lands Reclamation Act and in said
application the principal estimates that _________________ acres of land will be affected by mining, or whereas said principal
now holds a permit covering such acres:
Now if said principal shall satisfactorily reclaim all lands affected by mining by said principal within the State of Oklahoma in
accordance with Sections 725 and 726 of The Mining Lands Reclamation Act, 45 0.S. Section 721 et seq., and shall faithfully
perform all requirements of this Act and comply with all rules of the Department made in accordance with the provisions of this
Act, then this obligation shall be void. Otherwise it shall remain in full force and effect until the reclamation is completed as
prescribed by The Mining Lands Reclamation Act, except if this bond is replaced or if operation covered by this bond is sold with
the buyer assuming responsibility for reclamation.
This bond may be released by the Department upon written request to the Department and upon sufficient evidence that said
bond has been replaced by the permittee. This bond may be terminated or canceled upon not less than ninety (90) days written
notice to the Department, but such termination or cancellation shall not affect the liability incurred on or before the date of such
termination or cancellation.
Where one signs by virtue of Power of Attorney for a surety company, such Power of Attorney must be filed with the bond.
___________________________________________
____________________________________________________
Principal (Mining Company Name)
Signature of Company Official / Title
Date
____________________________________________________
Print Name
___________________________________________
____________________________________________________
Surety (Company Name)
Signature of Surety Official
Date
____________________________________________________
Print Name
ODM Form 7-17
STATE OF OKLAHOMA
DEPARTMENT OF MINES
2915 N. CLASSEN BLVD., SUITE 213
OKLAHOMA CITY, OK 73106
(405) 427-3859 FAX (405) 424-4932
THE MINING LANDS RECLAMATION ACT
SURETY BOND
Surety Company Bond No._____________________________
_________
_____________________________________
KNOW ALL MEN BY THESE PRESENTS
that the undersigned ______________________________________________, as
principal (mining company name), and ______________________________________________________________, as surety,
are held and firmly bound unto the State of Oklahoma in the penal sum of ____________________________________________
__________________________________________________________________________ Dollars ($____________________)
for the payment of which sum, well and truly to be made, we hereby jointly and severally bind ourselves, our heirs, administrators,
executors, successors, and assigns.
THE CONDITION OF THE ABOVE OBLIGATION IS SUCH
that whereas the above named principal does on
the_____________ day of ___________________, 20_____, file with the Department of Mines an application to secure a permit
to engage in mining in the State of Oklahoma under the terms and provisions of The Mining Lands Reclamation Act and in said
application the principal estimates that _________________ acres of land will be affected by mining, or whereas said principal
now holds a permit covering such acres:
Now if said principal shall satisfactorily reclaim all lands affected by mining by said principal within the State of Oklahoma in
accordance with Sections 725 and 726 of The Mining Lands Reclamation Act, 45 0.S. Section 721 et seq., and shall faithfully
perform all requirements of this Act and comply with all rules of the Department made in accordance with the provisions of this
Act, then this obligation shall be void. Otherwise it shall remain in full force and effect until the reclamation is completed as
prescribed by The Mining Lands Reclamation Act, except if this bond is replaced or if operation covered by this bond is sold with
the buyer assuming responsibility for reclamation.
This bond may be released by the Department upon written request to the Department and upon sufficient evidence that said
bond has been replaced by the permittee. This bond may be terminated or canceled upon not less than ninety (90) days written
notice to the Department, but such termination or cancellation shall not affect the liability incurred on or before the date of such
termination or cancellation.
Where one signs by virtue of Power of Attorney for a surety company, such Power of Attorney must be filed with the bond.
___________________________________________
____________________________________________________
Principal (Mining Company Name)
Signature of Company Official / Title
Date
____________________________________________________
Print Name
___________________________________________
____________________________________________________
Surety (Company Name)
Signature of Surety Official
Date
____________________________________________________
Print Name
ODM Form 7-17