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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 43 - Public Lands: Interior |
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Subtitle B - Regulations Relating to Public Lands |
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Chapter II - Bureau of Land Management, Department of the Interior |
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SubChapter C - Minerals Management (3000) |
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Part 3280 - Geothermal Resources Unit Agreements |
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Subpart 3283 - Modifications to the Unit Agreement |
§ 3283.10 - If there is a change in the unit operator, when does the previous operator's liability end?
Latest version.
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§ 3283.10 If there is a change in the unit operator, when does the previous operator's liability end?
(a) The previous unit operator remains responsible for all duties and obligations of the unit agreement until BLM approves a new unit operator. The change of the unit operator does not release the previous unit operator from any liability for any obligations that accrued before the effective date of the change (see § 3215.14 of this chapter).
(b) The new unit operator is responsible for all unit duties and obligations after BLM approves the change.