1. Regulations
  2. title 43
  3. chapter II
  4. part 3100
  5. subpart 3106
  6. § 3106.7-3

View all text of Subpart 3106 [§ 3106.1 - § 3106.8-3]

§ 3106.7-3 - Lease account status.

A transfer of record title or of operating rights (sublease) in a producing lease shall not be approved unless the lease account is in good standing.

AUTHORITY: 25 U.S.C. 396d and 2107; 30 U.S.C. 189, 306, 359 and 1751; 43 U.S.C. 1732(b), 1733, and 1740; and the Energy Policy Act of 2005 (Pub. L. 109-58).

SOURCE: 48 FR 33662, July 22, 1983, unless otherwise noted.

CITE AS: 43 CFR 3106.7-3