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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 36 - Parks, Forests, and Public Property |
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Chapter I - National Park Service, Department of the Interior |
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Part 51 - Concession Contracts |
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Subpart G - Leasehold Surrender Interest |
§ 51.58 - What actions may or must the concessioner take with respect to a leasehold surrender interest?
Latest version.
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§ 51.58 What actions may or must the concessioner take with respect to a leasehold surrender interest?
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.