South Dakota Board of Minerals and Environment Agenda 2026-05-18
CorTrust Bank surety role in Marquardt license transfer
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Description
The Board acknowledged CorTrust Bank’s role in a $20,000 surety arrangement supporting the transfer of a mining license formerly held by Ralph Marquardt. The surety secures reclamation obligations.
Contract Details
Contract Amount
$20,000
Vendor
CORTRUST BANK
Agency
South Dakota Department of Environment & Natural Resources | Board of Minerals and Environment, SD
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Renewal Info
Bank participation in the surety continues under the adjusted liability; detailed renewal terms are not provided.
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APPROVEDIssuing Agency
South Dakota Department of Environment & Natural Resources | Board of Minerals and Environment
State
Pierre, SD
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South Dakota Board of Minerals and Environment Agenda 2026-05-18
South Dakota Board of Minerals and Environment Agenda 2026-05-18
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