Code of Federal Regulations (Last Updated: July 5, 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 3580 - Special Leasing Areas |
Subpart 3581 - Gold, Silver, or Quicksilver in Confirmed Private Land Grants |
§ 3581.4-1 - Lease terms.
Latest version.
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§ 3581.4-1 Lease terms.
The lease shall be issued for a period of 20 years with a preference right in the lessee to renew for a 10-year term at the end of the initial term and at the end of each 10-year period thereafter.
[51 FR 15213, Apr. 22, 1986; 51 FR 25204, July 11, 1986]