GroundRules
25 CFR 166.226: May the holder of a leasehold mortgage assign the leasehold interest after a sale or foreclosure of an approved encumbrance?
Where this section sits in the code
- Title 25—Indians
- CHAPTER I—BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR
- SUBCHAPTER H—LAND AND WATER
- PART 166—GRAZING PERMITS
- Subpart C—Permit Requirements
Yes. The holder of a leasehold mortgage may assign a leasehold interest obtained by a sale or foreclosure of an approved encumbrance without our approval if the assignee agrees in writing to be bound by the terms of the permit. A permit may provide the Indian landowners with a right of first refusal on the conveyance of the permit interest (leasehold).
Collected 2026-08-27T02:24:59Z. Source file · JSON