Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 43 - Public Lands: Interior |
Subtitle B - Regulations Relating to Public Lands |
Chapter II - Bureau of Land Management, Department of the Interior |
SubChapter C - Minerals Management (3000) |
Part 3100 - Oil and Gas Leasing |
Subpart 3106 - Transfers by Assignment, Sublease or Otherwise |
§ 3106.8-3 - Corporate merger.
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§ 3106.8-3 Corporate merger.
Where a corporate merger affects leases situated in a State where the transfer of property of the dissolving corporation to the surviving corporation is accomplished by operation of law, no transfer of any affected lease interest is required. A notification of the merger shall be furnished with a list, by serial number, of all lease interests affected. Include the processing fee for corporate merger found in the fee schedule in § 3000.12 of this chapter with your notification of a corporate merger. A bond rider or replacement bond conditioned to cover the obligations of all affected corporations may be required by the authorized officer as a prerequisite to recognition of the merger.
[53 FR 17355, May 16, 1988, as amended at 70 FR 58874, Oct. 7, 2005]