CFR > Title 25 - Indians > CHAPTER I—BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR > SUBCHAPTER H—LAND AND WATER (parts 150 to 183) > PART 162—LEASES AND PERMITS > SUBPART B—Agricultural Leases (§162.200 to §162.256) > 162.234—Must a tenant provide a bond under an agricultural lease?

162.234—Must a tenant provide a bond under an agricultural lease?

Unless otherwise provided by a tribe under § 162.203 of this subpart, or waived by us at the request of the owners of a majority interest in an agricultural lease tract, the tenant must provide a bond to secure:
(a) The payment of one year's rental;
(b) The construction of any required improvements;
(c) The performance of any additional lease obligations, including the payment of operation and maintenance charges under § 162.228(b) of this subpart; and
(d) The restoration and reclamation of the leased premises, to their condition at the commencement of the lease term or some other specified condition.