Section 11-8-2.4-39-3905 - Responsibilities(a) The Department shall prescribe and furnish the form for filing a performance bond.(b) The Permit Board shall determine the amount of the performance bond required for the permit area, including adjustments to the initial amount from time-to-time as land acreage in the permit area are revised, or when other relevant conditions change according to the minimum requirements of § 4107.(c) The Permit Board may not accept a self-bond in lieu of a surety or collateral bond, unless the permittee meets the requirements of § 4305 and any additional requirements in the program.(d) The Permit Board shall release the permittee from his bond and insurance requirements consistent with Rule 45.(e) If the conditions specified in Rule 47 occur, the Commission shall cause all or part of a bond to be forfeited consistent with Rule 47.(f) The Permit Board shall require in the permit that adequate bond coverage be in effect at all times. Except as provided in § 4303(e)(6)(C), operating without a bond is a violation of a condition upon which the permit is issued.11 Miss. Code. R. § 8-2.4-39-3905
Miss. Code Ann. §§ 53-9-31 and 53-9-1, et seq.