43 CFR 3100.32 - Effect of option on acreage.

Regulations last checked for updates: Oct 20, 2024

Title 43 - Public Lands: Interior last revised: Sep 06, 2024

View all text of Subpart 3100 [§ 3100.3 - § 3100.40]

§ 3100.32 - Effect of option on acreage.

The acreage to which the option is applicable will be charged both to the grantor of the option and the option holder. The acreage covered by an unexercised option remains charged during its term until notice of its relinquishment or surrender has been filed in the proper BLM office.

authority: 25 U.S.C. 396d and 2107; 30 U.S.C. 189,306,359,and; 43 U.S.C. 1701

source: 89 FR 30966, Apr. 23, 2024, unless otherwise noted.

cite as: 43 CFR 3100.32