Title 30 — Mineral Lands and Mining
Chapter 29 — Oil and Gas Royalty Management
§ 1716. Liabilities and bonding
Statutory text
A person (including any agent or employee of the United States and any independent contractor) authorized to collect, receive, account for, or otherwise handle any moneys payable to, or received by, the Department of the Interior which are derived from the sale, lease, or other disposal of any oil or gas shall be—
liable to the United States for any losses caused by any intentional or reckless action or inaction of such individual with respect to such moneys; and
in the case of an independent contractor, required as the Secretary deems necessary to maintain a bond commensurate with the amount of money for which such individual could be liable to the United States.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 97–451 title I § 106 · 96 Stat. 2447
Enacted · 30 U.S.C. § 1716
(Pub. L. 97–451, title I, § 106, Jan. 12, 1983, 96 Stat. 2452.)
Source evidence
Code source credit
(Pub. L. 97–451, title I, § 106, Jan. 12, 1983, 96 Stat. 2452.)Enacted provision · exact public law section
Sec. 106. liabilities and bonding A person (including any agent or employee of the United States and any independent contractor) authorized to collect, receive, account for, or otherwise handle any moneys payable to, or received by, the Department of the Interior which are derived from the sale, lease, or other disposal of any oil or gas shall be— (1) liable to the United States for any losses caused by any intentional or reckless action or inaction of such individual with respect to such moneys; and (2) in the case of an independent contractor, required as the Secretary deems necessary to maintain a bond commensurate with the amount of money for which such individual could be liable to the United States.
1 of 1 references resolved to an enrolled provision