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A corporate surety bond must
(1) be executed by a corporate surety approved and authorized to do business in this state;
(2) be submitted on a form prescribed by the commissioner; and
(3) remain in effect until the reclamation of all land covered by the bond is completed to the standard of AS 27.19 and this chapter, and its release is approved by the commissioner.
History: Eff. 7/30/92, Register 123
Authority: Sec. 2, ch. 92, SLA
1990
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Last modified 7/05/2006