43 C.F.R. · Public Lands: Interior
43 C.F.R. § 3120.1.2

Requirements.

Title 43 C.F.R. ● ACTIVE Primary Source
Regulatory Text

43 C.F.R. § 3120.1.2 — Requirements.

§ 3120.1–2 Requirements. (a) Each proper BLM Sate office shall hold sales at least quarterly if lands are available for competitive leasing. (b) Lease sales shall be conducted by a competitive oral or internet-based bidding process. (c) The national minimum acceptable bid shall be $2 per acre or fraction thereof payable on the gross acreage, and shall not be prorated for any lands in which the United States owns a fractional interest. [53 FR 22843, June 17, 1988, as amended at 81 FR 59905, Aug. 31, 2016]

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR43-SEC-4BF922
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boisestandard.org
Citation
43 C.F.R. § 3120.1.2
Corpus
CFR — Code of Federal Regulations
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PRIMARY-SOURCE
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The regulatory text of 43 C.F.R. § 3120.1.2 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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