43 C.F.R. § 3106.7-3   Lease account status.


Title 43 - Public Lands: Interior


Title 43: Public Lands: Interior
PART 3100—OIL AND GAS LEASING
Subpart 3106—Transfers by Assignment, Sublease or Otherwise

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§ 3106.7-3   Lease account status.

A transfer of record title or of operating rights (sublease) in a producing lease shall not be approved unless the lease account is in good standing.

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