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Self -Bonding Survey <br />Interstate Mining Compact Commission <br />The Interstate Mining Compact Commission (IMCC) is conducting a survey on <br />outstanding obligations related to self -bonding in the states. At the 2014 IMCC Annual <br />Meeting, it was determined that the states would benefit from a better sense of the self - <br />bonded obligations held by companies across state lines. The results of the survey will yield <br />valuable information on total outstanding self -bonded obligations, companies that are <br />heavily self -bonded across state lines, and as a result, will also hopefully identify <br />companies whose outstanding cross -state obligations pose extraordinary risk. <br />Question 1: <br />How do your state's regulations treat self -bonds? (i.e. Are self -bonds allowed by your <br />regulations? Do state regulators have discretion in accepting self -bonds or are they <br />required to be accepted if the company meets financial health standards?) <br />Alabama <br />Alabama regulations allow self -bonding. The permittee must meet <br />certain financial standards as found in Alabama regulation 880X -X - <br />9C.03(7) <br />Arkansas <br />The Arkansas self -bonding regulations are basically the same as those <br />found in the federal regulations. We feel that the wording of the self - <br />bonding provisions do allow the regulatory authority discretion in <br />accepting self -bonds. <br />Colorado <br />Approval is allowed, but discretionary pending <br />legal/regulatory/financial review. <br />Illinois <br />We allow for them, but have discretion to accept. <br />Indiana <br />Self -bonds are allowed by statute. The Director may accept self bonds <br />if all criteria are met. <br />Kansas <br />We have never promulgated any regulations that would allow Self - <br />bonding at coal mines. <br />Kentucky <br />The approved Kentucky Title V SMCRA program does not provide <br />self -bonding. <br />Louisiana <br />Self -bonding is allowed by state regulations at the discretion of the <br />Office of Conservation. <br />Maryland <br />Not provided for in law or regulation. <br />Mississippi <br />Self -bonds are allowed by State regulations. State regulators may <br />accept self -bonds if the applicant or parent company meets all of the <br />listed conditions. <br />Montana <br />Self -bonds are not allowed by Montana's regulations <br />New Mexico <br />Self -bonds are allowed. The rules state that the Director "may" accept <br />self -bonds/ We interpret that to mean that the Director could potentially <br />