2005 Idaho Code - 47-1608 — BOND

                                  TITLE  47
                               MINES AND MINING
                                  CHAPTER 16
                             GEOTHERMAL RESOURCES
    47-1608.  BOND. (1) The board shall require the execution of a good and
sufficient bond in an amount the board determines reasonable, which shall not
be less than one thousand dollars ($1,000) in favor of the state of Idaho
conditioned upon the payment of all damages to the land surface and
improvements thereon, whether or not the lands have been sold or leased for
any other purpose.
    (2)  Upon commencement of operations for the drilling of any geothermal
resource well, the lessee shall be required by the board to furnish such a
bond as the board determines reasonable which shall not be less than six
thousand dollars ($6,000) which bond shall be in lieu of the bond required in
subsection (1) of this section and shall cover all subsequent operations on
such lease.