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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 30 - Mineral Resources |
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Chapter V - Bureau of Ocean Energy Management, Department of the Interior |
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SubChapter B - Offshore |
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Part 585 - Renewable Energy and Alternate Uses of Existing Facilities on the Outer Continental Shelf |
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Subpart B - Issuance of OCS Renewable Energy Leases |
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Commercial and Limited Lease Terms |
§ 585.237 - What is the effective date of a lease?
Latest version.
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§ 585.237 What is the effective date of a lease?
(a) A lease issued under this part must be dated and becomes effective as of the first day of the month following the date a lease is signed by the lessor.
(b) If the lessee submits a written request and BOEM approves, a lease may be dated and become effective the first day of the month in which it is signed by the lessor.