43 C.F.R. § 3509.12   Who may apply for a future interest lease?


Title 43 - Public Lands: Interior


Title 43: Public Lands: Interior
PART 3500—LEASING OF SOLID MINERALS OTHER THAN COAL AND OIL SHALE
Subpart 3509—Fractional and Future Interest Lease Applications

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§ 3509.12   Who may apply for a future interest lease?

You may apply for a future interest lease only if you have a present interest in the minerals. You must hold more than 50 per cent of either the fee interest, a lease interest or an operating rights interest. You must also meet the qualification requirements set forth in subpart 3502 of this part.

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