30 U.S.C. · Mineral Lands and Mining
30 U.S.C. § 1425

Relinquishment, surrender, and transfer of licenses and permits

Ch. 26 — DEEP SEABED HARD MINERAL RESOURCES
Title 30 U.S.C. ● ACTIVE Primary Source Ch. 26
Statutory Text

30 U.S.C. § 1425 — Relinquishment, surrender, and transfer of licenses and permits

U.S.C. Title 30 - MINERAL LANDS AND MINING 30 U.S.C. United States Code, 2023 Edition Title 30 - MINERAL LANDS AND MINING CHAPTER 26 - DEEP SEABED HARD MINERAL RESOURCES SUBCHAPTER I - REGULATION OF EXPLORATION AND COMMERCIAL RECOVERY BY UNITED STATES CITIZENS Sec. 1425 - Relinquishment, surrender, and transfer of licenses and permits From the U.S. Government Publishing Office, www.gpo.gov

§1425. Relinquishment, surrender, and transfer of licenses and permits

(a) Relinquishment and surrender Any licensee or permittee may at any time, without penalty— (1) surrender to the Administrator a license or a permit issued to the licensee or permittee; or (2) relinquish to the Administrator, in whole or in part, any right to conduct any exploration or commercial recovery activities authorized by the license or permit.

Any licensee or permittee who surrenders a license or permit, or relinquishes any such right, shall remain liable with respect to all violations and penalties incurred, and damage to persons or property caused, by the licensee or permittee as a result of activities engaged in by the licensee or permittee under such license or permit. (b) Transfer Any license or permit, upon written request of the licensee or permittee, may be transferred by the Administrator; except that no such transfer may occur unless the proposed transferee is a United States citizen and until the Administrator determines that (1) the proposed transfer is in the public interest, and (2) the proposed transferee and the exploration or commercial recovery activities the transferee proposes to conduct meet the requirements of this chapter and regulations issued under this chapter.

(Pub. L. 96–283, title I, §115, June 28, 1980, 94 Stat. 572.)

Source: uscode.house.gov — public domain Official Source ↗
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30 U.S.C. § 1425
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The statutory text of 30 U.S.C. § 1425 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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