(A) All control measures required by the provisions of this chapter shall be undertaken at the expense of the owner or his or her agent; and pending the actual provision thereof, the owner or his or her agent shall execute and file with the Administrator, prior to issuance of the land-disturbing permit, an agreement and bond (or agreements and bonds) in an amount determined by the Administrator equal to the approximate total cost of providing erosion and sedimentation control improvements with surety approved by the Erosion and Sediment Control Officer guaranteeing that the required control measures will be properly and satisfactorily undertaken.
(B) Within 60 days of the achievement of adequate stabilization of the land-disturbing activity, the bond, cash escrow, letter of credit or other legal arrangement, or the unexpended or unobligated portion thereof, shall be refunded to the owner or his or her agent or terminated, as the case may be.
(1997 Code, § 30-82)
Statutory reference:
Security for performance, see VA Code, § 10.1-565