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74:29:12:12Board refusal to accept financial assurance.

Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗

The board may refuse to accept any form of financial assurance if: (1) The value of the financial assurance is dependent upon the success, profitability, or continued operation of the mine; or (2) The board determines that the financial assurance offered cannot be reasonably converted to cash within one hundred eighty days of forfeiture.

Source: 52 SDR 24, effective September 10, 2025.