§ 3934.50 - Bona fide purchasers.


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  • § 3934.50 Bona fide purchasers.

    The BLM will not cancel a lease or an interest in a lease of a purchaser if at the time of purchase the purchaser was not aware and could not have reasonably determined from the BLM records the existence of a violation of any of the following:

    (a) Federal regulatory requirements;

    (b) The Act, as amended; or

    (c) Lease terms and conditions.