43 CFR 3509.10 - What are future interest leases?

Regulations last checked for updates: Nov 22, 2024

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

View all text of Subpart 3509 [§ 3509.10 - § 3509.51]

§ 3509.10 - What are future interest leases?

BLM issues noncompetitive future interest leases to persons who hold present mineral interests that will revert to the Federal Government at some future date. Future interest leases allow the present interest holders to continue using their present mineral right once the Federal Government acquires it.

authority: 5 U.S.C. 552; 30 U.S.C. 189,192c,and; 43 U.S.C. 1701

source: 64 FR 53536, Oct. 1, 1999, unless otherwise noted.

cite as: 43 CFR 3509.10