30 CFR § 585.531 - What happens if the value of my financial assurance is reduced?
§ 585.531 What happens if the value of my financial assurance is reduced?
If the value of your financial assurance is reduced below the required financial assurance amount because of a default or any other reason, you must provide additional financial assurance sufficient to meet the requirements of this subpart within 45 days or within a different period as specified by BOEM.