Regulations last checked for updates: Nov 22, 2024

Title 43 - Public Lands: Interior last revised: Sep 06, 2024
All TitlesTitle 43Chapter IIPart 3920Subpart 3923 - Subpart 3923—Minimum Bid
View all text of Subpart 3923 [§ 3923.10 - § 3923.10]
§ 3923.10 - Minimum bid.

The BLM will not accept any bid that is less than the FMV as determined under § 3924.10(d). In no case may the minimum bid be less than $1,000 per acre.

authority: 30 U.S.C. 241(a), 42 U.S.C. 15927,43.S.C. 1732(b) and 1740
source: 73 FR 69477, Nov. 18, 2008, unless otherwise noted.
cite as: 43 CFR 3923.10
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