25 Pa. Code § 86.166 : ENVIRONMENTAL PROTECTION — DEPARTMENT OF ENVIRONMENTAL PROTECTION — Protection Of Natural Resources — LAND RESOURCES — SURFACE AND UNDERGROUND COAL MINING: GENERAL — BONDING AND INSURANCE REQUIREMENTS —FORM, TERMS AND CONDITIONS OF BONDS AND INSURANCE — Replacement of bonds
(a) The Department may allow permittees to replace existing surety or collateral bonds with other surety or collateral bonds, if the liability which as accrued against the permittee on the permit area is transferred to the replacement bonds and the replacement bonds are equivalent.
(b) The Department will not release existing bonds until the permittee has submitted and the Department has approved acceptable replacement bonds. A replacement of bonds pursuant to this section does not constitute a release of bond under §§
86.170-
86.172 (relating to scope; procedures for seeking release of bond; and criteria for release of bond).
(c) The Department will not allow permittees to replace existing surety or collateral bonds with phased deposits of collateral bonds unless the first payment is equal to the bond being replaced and meets the requirements of §
86.161 (relating to phased deposits of collateral).