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Session Laws, 1978
Volume 736, Page 2241   View pdf image
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BLAIR LEE III, Acting Governor                           224 1

United States government. The cash deposit or market value
of the securities shall be equal at least to the required
sum of the bond. The Department, on receipt of any deposit
of cash or securities, immediately shall forward it to the
State Treasurer, who shall receive and hold the bond in the
name of the State, in trust, for the purposes for which the
deposit is made. The State Treasurer at all times is
responsible for the custody and safekeeping of these
deposits. The operator making the deposit may demand and
receive from the State Treasurer the whole or any portion of
any securities so deposited, on depositing with the State
Treasurer other negotiable securities of the classes
specified in this section having a market value at least
equal to the sum of the bond; [or]

(2)    A certificate of deposit if it is
equivalent to the required bond, issued by a bank within the
State, and accompanied by written agreement of the bank to
pay on demand to the State in event of forfeit[.]; OR

(3)    AN IRREVOCABLE LETTER OF CREDIT IF IT IS
EQUIVALENT TO THE REQUIRED BOND, ISSUED BY A BANK WITHIN THE
STATE, AND EXPRESSLY STATES THAT THE TOTAL SUM IS GUARANTEED
TO BE AVAILABLE, AND PAYABLE DIRECTLY TO THE STATE ON DEMAND
FOR THE SURFACE MINING AND RECLAMATION.

7-6A27.

(b) Within six months following the completion of
final reclamation work the operator shall furnish a final
reclamation report which includes the following:

(7) [A final surveyed topographic map prepared
and certified by a registered professional engineer or
surveyor, drawn at the same scale and contour interval as
the original map submitted with the mining and reclamation
plan,] A FINAL MAP THAT IS CONSISTENT WITH THE ORIGINAL
MINING AND RECLAMATION MAP REQUIRED BY SECTION 7-6A19(B).

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1978.

Approved May 16, 1978.

CHAPTER 766

(House Bill 1933)

AN ACT concerning

Montgomery County — Special Tax Area, "Martin's
Additions 1, 2, 3, and 4 to the Village of Chevy Chase"

MC 233-78

 

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Session Laws, 1978
Volume 736, Page 2241   View pdf image
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