GroundRules
43 CFR 1882.6: Loan renegotiation.
Where this section sits in the code
- Title 43—Public Lands: Interior
- Subtitle B—Regulations Relating to Public Lands
- CHAPTER II—BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
- SUBCHAPTER A—GENERAL MANAGEMENT (1000)
- PART 1880—FINANCIAL ASSISTANCE, LOCAL GOVERNMENTS
- Subpart 1882—Mineral Development Impact Relief Loans
The Secretary may, upon application of a qualified State or one of its qualified political subdivisions, take any steps he determines necessary and justified by the failure of anticipated mineral development or related revenues to materialize as expected when the loan was made under this subpart to renegotiate the loan, including restructuring of the loan. All applications submitted under this section shall set forth in detail the basis for the renegotiation of the loan. The renegotiated loan shall meet the requirements of this subpart to the extent possible.
Collected 2026-08-27T02:26:15Z. Source file · JSON