Section 134.06. Renewals.

 

(1)  An explorer may renew an exploration license by filing an annual renewal application with the department upon forms prepared and furnished by the department. The renewal application shall be accompanied by the following:

(a) A fee of $150.00.

(b) A bond in accordance with s. NR 134.04 (2) (b) .

(c) A certificate of insurance in accordance with s. NR 134.04 (2) (c) .

(d) A copy of the applicant's most recent annual report and Form 10K as filed with the Securities and Exchange Commission. If these are not available, the applicant shall submit a report of the applicant's current assets and liabilities and other necessary data to establish that the applicant is competent to conduct exploration in this state.

(2)  Renewal licenses shall be for a period commencing on the date of issuance and terminating on the following June 30. Renewal applications shall be reviewed and licenses issued under the same time limitations specified in s. NR 134.05 .

History: Cr. Register, October, 1985, No. 358 , eff. 11-1-85.