30 CFR 556.602 - What is the primary term of my sulfur lease?

Regulations last checked for updates: Oct 18, 2024

Title 30 - Mineral Resources last revised: Oct 03, 2024

§ 556.602 - What is the primary term of my sulfur lease?

(a) Your sulfur lease will have a primary term of not more than 10 years, as specified in the lease.

(b) BOEM will announce the primary term prior to the lease sale.

(c) The lease will expire at the end of the primary term unless maintained beyond that term in accordance with the provisions of § 556.603.

authority: 31 U.S.C. 9701; 42 U.S.C. 6213; 43 U.S.C. 1334.

source: 81 FR 18152, Mar. 30, 2016, unless otherwise noted.

cite as: 30 CFR 556.602