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Code of Federal Regulations (Last Updated: May 6, 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 3500 - Leasing of Solid Minerals Other Than Coal and Oil Shale |
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Subpart 3515 - Mineral Lease Exchanges |
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Lease Exchange Requirements |
§ 3515.15 - May BLM initiate an exchange?
Latest version.
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§ 3515.15 May BLM initiate an exchange?
Yes. When we do:
(a) We will notify you that we are prepared to consider exchange of a mineral lease if you relinquish your existing leasing rights.
(b) We may exchange all or any part of the lands under your preference right lease application(s) or lease(s).