The department may shall require a bond payable to the State with |
| sureties satisfactory to the department or such other security as |
| the department may determine adequately secures compliance with |
| this article, conditioned upon the faithful performance of the |
| requirements set forth in this article. Other security may |
| include a security deposit with the State, an escrow account and |
| agreement, insurance or an irrevocable trust. In determining the |
| amount of the bond or the security, the department shall take |
| into consideration the character and nature of the overburden, |
| the future suitable use of the land involved and the cost of |
| grading and reclamation required. All proceeds of forfeited |
| bonds or other security must be expended by the department for |
| the reclamation of the area for which the bond was posted and any |
| remainder returned to the operator. |