The secretary or the secretary's duly authorized representative shall require the posting of a bond by licensees to be used exclusively to provide funds in the event of abandonment, default, or other inability of the licensee to meet the requirements of the department. The secretary may establish bonding requirements by classes of licensees and by range of monetary amounts. In establishing these requirements, the secretary shall consider the potential for contamination, injury, cost of disposal, and reclamation of the property. The amount of the bond shall be sufficient to pay the costs of reclamation and perpetual maintenance.
RCW 70A.310.100
Licensees' bond requirements.
Known as the Mill Tailings Licensing and Perpetual Care Act
The act spans §§ 70A.310.010 to 70A.310.901 (17 sections).
1987 c 184 s 5; 1979 ex.s. c 110 s 10
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.