U.S. Code of Federal Regulations

Regulations most recently checked for updates: Apr 07, 2020

§ 3581.4-1 - Lease terms.

The lease shall be issued for a period of 20 years with a preference right in the lessee to renew for a 10-year term at the end of the initial term and at the end of each 10-year period thereafter.

[51 FR 15213, Apr. 22, 1986; 51 FR 25204, July 11, 1986]