Statute · California Public Resources Code

Cal. Pub. Res. Code § 6829.3 — Provisions Relating to Oil and Gas Leases Generally

Cal. Pub. Res. Code § 6829.3

Type
Statute
Source
California Public Resources Code
Jurisdiction
California
Date
2019-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) The commission shall seek additional infrastructure bonding or other financial assurance, as feasible, under its jurisdiction when a lease term is negotiated or renegotiated for an offshore oil or gas lease.

Citator

Cal. Pub. Res. Code § 6829.3 — Provisions Relating to Oil and Gas Leases Generally is in force in the current edition of the Code, and nothing recorded condemns it.

(a) The commission shall seek additional infrastructure bonding or other financial assurance, as feasible, under its jurisdiction when a lease term is negotiated or renegotiated for an offshore oil or gas lease.

(b) The commission shall coordinate with the State Oil and Gas Supervisor to ensure the actions taken pursuant to this section and Section 3205.6 are not duplicative.