Public Resources Code § 6829.3

ARTICLE 2. Provisions Relating to Oil and Gas Leases Generally

Current as of September 28, 2026Pub. Resources Code, § 6829.3Official source ↗

Added by Stats. 2018, Ch. 607, Sec. 5. (SB 1147) Effective January 1, 2019.

(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.