View all text of Part 214 [§ 214.1 - § 214.30]
§ 214.4 - Bonds.
Lessee shall furnish with each lease at the time it is filed with the officer in charge an acceptable bond not less than the following amounts:
For less than 80 acres $1,000 For 80 acres and less than 120 acres 1,500 For 120 acres and not more than 160 acres 2,000 For each additional 40 acres, or part thereof above 160 acres 500Provided, That for leases for minerals other than oil and gas the Secretary of the Interior or his authorized representatives with the consent of the Indian landowner may authorize a bond for a lesser amount if, in his opinion, the circumstances warrant and the interests of the Indian landowners are fully protected: Provided further, That the lessee shall be allowed to file bond, Form S
1
1 For further information concerning forms, see § 214.24.