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Federal regulations · Through 2026-08-25 · Newer source version available

43 CFR 3216.12: When does a transferee take responsibility for lease obligations?

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Where this section sits in the code
  1. Title 43—Public Lands: Interior
  2. Subtitle B—Regulations Relating to Public Lands
  3. CHAPTER II—BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
  4. SUBCHAPTER C—MINERALS MANAGEMENT (3000)
  5. PART 3200—GEOTHERMAL RESOURCE LEASING
  6. Subpart 3216—Transfers

After BLM approves your transfer, the transferee is responsible for performing all lease obligations accruing after the date of the transfer, and for plugging and abandoning wells which exist and are not plugged and abandoned at the time of the transfer.

Collected 2026-08-27T02:26:15Z. Source file · JSON

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