43 C.F.R. § 3216.12 When does a transferee take responsibility for lease obligations?
Title 43 - Public Lands: Interior
Once we approve your transfer, the transferee becomes responsible for performing all lease obligations accrued after the date of the transfer, and for plugging and abandoning wells which exist and are not plugged at the time of the transfer.
Title 43: Public Lands: Interior
PART 3200—GEOTHERMAL RESOURCE LEASING
Subpart 3216—Transfers
§ 3216.12 When does a transferee take responsibility for lease obligations?
