43 CFR § 3214.19 - What are my bonding requirements when a lease interest is transferred to me?
---
identifier: "/us/cfr/t43/s3214.19"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "43 CFR § 3214.19 - What are my bonding requirements when a lease interest is transferred to me?"
title_number: 43
title_name: "Public Lands: Interior"
section_number: "3214.19"
section_name: "What are my bonding requirements when a lease interest is transferred to me?"
chapter_name: "BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR"
subchapter_number: "C"
subchapter_name: "MINERALS MANAGEMENT (3000)"
part_number: "3200"
part_name: "GEOTHERMAL RESOURCE LEASING"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "30 U.S.C. 1001-1028; 43 U.S.C. 1701 and Pub. L. 109-58."
regulatory_source: "72 FR 24400, May 2, 2007, unless otherwise noted."
cfr_part: "3200"
---
# 3214.19 What are my bonding requirements when a lease interest is transferred to me?
(a) Except as otherwise provided in this section, if the lands to be transferred to you contain a well or any other surface disturbance which the original lessee did not reclaim, you must post a bond under this subpart before BLM will approve the transfer.
(b) If the original lessee does not transfer all interest in the lease to you, you may become a co-principal on the original bond, rather than posting a new bond.
(c) You do not need to post an additional bond if:
(1) You previously furnished a statewide or nationwide bond sufficient to cover the lands transferred; or
(2) The operator provided the original bond, and the operator does not change.