45.1-274 - Permit for exploration activity required; fee.
§ 45.1-274. Permit for exploration activity required; fee.
A. It shall be unlawful for any person to commence any exploration activityas defined herein without first obtaining a permit to do so from the Chief.The application for the permit shall be in such form as the Chief mayprescribe and shall be accompanied by a fee of $250 and such otherinformation as may be required by this chapter.
B. The application for a permit to carry out any exploration activity shallbe accompanied by a bond, payable to the Commonwealth, with surety acceptableto the Chief. The bond shall ensure compliance with the provisions of thischapter and any regulations promulgated hereunder relating to the drilling,redrilling, plugging and abandoning of any exploration activity. The bondshall be set by the Chief in such amount as may be deemed reasonable andnecessary.
C. An initial permit shall be valid for a period of one year, and may berenewed for a like period of time.
(1982, c. 269.)