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HomeMy WebLinkAboutSurety Bond Form STATE OF NORTH CAROLINA DEPARTMENT OF ENVIRONMENTAL QUALITY Land Quality Section Bond Pursuant to "The Mining Act of 1971" (G.S. 74-46 through G.S. 74-68) KNOW ALL MEN BY THESE PRESENTS, that a and having its principal office at in the State of , as principal, and a corporation organized under the laws of the State of and duly authorized bythe Insurance Commissioner of North Carolina to do business in North Carolina, with an office located at , in the City of North Carolina, as surety, are held and firmly bound unto the State of North Carolina in the sum of Bond No. lawful money of the United States of America, to the payment of which will and truly be made, we bind ourselves, our heirs, administrators and successors jointly and severally, firmly by these presents. Signed, sealed and delivered this day of , 20_ THE CONDITIONS OF THIS BOND ARE SUCH, That Whereas, the said conducts or will conduct mining operations in North Carolina as described in the application for an operating permit which includes a Reclamation Plan as provided in G.S. 74-53 and has obtained approval of this application on the day of 20 , from the Department of Environmental Quality. Rev. Dec 2006 NOW THEREFORE, if the said shall comply with the requirements set forth in "The Mining Act of 1971"(G.S. 74-46 through 74-68)and with the rules and regulations adopted pursuant thereto and faithfully perform all obligations under his approved Reclamation Plan then this obligation shall be null and void; otherwise to be and remain in full force and effect until released by the Department of Environmental Quality in accordance with G.S.74-56 or canceled by the surety. Cancellation by the surety shall be effectuated only upon 60 days written notice thereof to the Department of Environmental Quality and the operator as provided in G.S. 74-54. ATTEST: Secretary or Principal Assistant Secretary ( Attach ) By ( Corporate Seal ) President, Vice President, ( here of Corporation ) Partners, or Owner S u rety Countersigned at North Carolina By: Resident Agent of NC Agent and Attorney in Fact *PLEASE MAIL THIS FORM AND THE ATTACHED INSTRUMENT TO THE FOLLOWING ADDRESS: LAND QUALITY SECTION 1612 MAIL SERVICE CENTER RALEIGH, NC 27699 Page 2 of 2 Rev. Dec 2006