The concessioner:
(a) May encumber a leasehold surrender interest in accordance with this part, but only for the purposes specified in this part;
(b) Where applicable, must transfer in accordance with this part its leasehold surrender interest in connection with any assignment, termination or expiration of the concession contract; and
(c) May relinquish or waive a leasehold surrender interest.
authority: 54 U.S.C. 101901-101926 and title IV of the National Parks Omnibus Management Act of 1998 (Pub. L. 105-391)
source: 65 FR 20668, Apr. 17, 2000, unless otherwise noted.
cite as: 36 CFR 51.58