43 CFR 3581.4-1 - Lease terms.

Regulations last checked for updates: Nov 22, 2024

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

View all text of Subpart 3581 [§ 3581.0-3 - § 3581.5]

§ 3581.4-1 - Lease terms.

The lease shall be issued for a period of 20 years with a preference right in the lessee to renew for a 10-year term at the end of the initial term and at the end of each 10-year period thereafter.

[51 FR 15213, Apr. 22, 1986; 51 FR 25204, July 11, 1986]

authority: 16 U.S.C. 90c-1,460n,460q,460dd,460mm; 30 U.S.C. 189,293,359; 31 U.S.C. 9701; 43 U.S.C. 1201,1732,1733,1740; 47 Stat. 1487

source: 51 FR 15256, Apr. 22, 1986, unless otherwise noted.

cite as: 43 CFR 3581.4-1