Statutes, codes, and regulations
Code of Federal Regulations
Title 43 - PUBLIC LANDS: INTERIORSubtitle B - REGULATIONS RELATING TO PUBLIC LANDSChapter II - BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIORSubchapter C - MINERALS MANAGEMENT (3000)Part 3500 - LEASING OF SOLID MINERALS OTHER THAN COAL AND OIL SHALE
Subpart 3509 - FRACTIONAL AND FUTURE INTEREST LEASE APPLICATIONS
Section 3509.40 - What are fractional interest prospecting permits and leases?

43 C.F.R. § 3509.40

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Current through October 31, 2024
Section 3509.40 - What are fractional interest prospecting permits and leases?

They are prospecting permits and leases for parcels where the United States holds less than 100 per cent of the mineral interest of the parcel. Fractional interest leases allow development of the shared mineral interests.

43 C.F.R. §3509.40