Title 30, Mineral Lands and MiningRelease 119-102

§1716 Liabilities and Bonding

Title 30 › CHAPTER 29 — OIL AND GAS ROYALTY MANAGEMENT › SUBCHAPTER I — FEDERAL ROYALTY MANAGEMENT AND ENFORCEMENT › § 1716

Last updated Aug 21, 2026|Official source

Summary

People, including government workers and contractors, who handle money for the Department of the Interior from oil or gas sales, leases, or other disposals must pay for losses they cause by intentional or reckless acts. The Secretary can require independent contractors to have a bond equal to the money they could be held liable for.

Full Legal Text

Title 30, §1716

Mineral Lands and Mining, Source: USLM XML via OLRC

A person (including any agent or employee of the United States and any independent contractor) authorized to collect, receive, account for, or otherwise handle any moneys payable to, or received by, the Department of the Interior which are derived from the sale, lease, or other disposal of any oil or gas shall be—
(1)liable to the United States for any losses caused by any intentional or reckless action or inaction of such individual with respect to such moneys; and
(2)in the case of an independent contractor, required as the Secretary deems necessary to maintain a bond commensurate with the amount of money for which such individual could be liable to the United States.

Reference

Citations & Metadata

Citation

30 U.S.C. § 1716

Title 30, Mineral Lands and Mining

Last Updated

Aug 21, 2026

Release point: 119-102