43 C.F.R. · Public Lands: Interior
43 C.F.R. § 3216.12

When does a transferee take responsibility for lease obligations?

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

43 C.F.R. § 3216.12 — When does a transferee take responsibility for lease obligations?

§ 3216.12 When does a transferee take responsibility for lease obligations? After BLM approves your transfer, the transferee is responsible for performing all lease obligations accruing after the date of the transfer, and for plugging and abandoning wells which exist and are not plugged and abandoned at the time of the transfer.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR43-SEC-DDC15B
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boisestandard.org
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43 C.F.R. § 3216.12
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The regulatory text of 43 C.F.R. § 3216.12 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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boisestandard.org United States Law CFR Title 43 43 C.F.R. § 3216.12