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25 CFR 224.86

§ 224.86 Are there limits on the duration of leases, business agreements, and rights-of-way?

United States · 25 CFR — Indians · Status: effective

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25 CFR 224.86, § 224.86 Are there limits on the duration of leases, business agreements, and rights-of-way?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/106648
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(a) The duration of leases, business agreements, and rights-of-way entered into under a TERA are limited as follows: (1) For leases and business agreements, except as provided in paragraph (b) of this section, 30 years; (2) For leases for production of oil resources and gas resources, or both, 10 years and as long after as oil or gas production continues in paying quantities; and (3) For rights-of-way, 30 years. (b) A lease or business agreement a Tribe enters into, or a right-of-way a Tribe grants may be renewed at the discretion of the Tribe as long as the TERA remains in effect and the approved activities have not been rescinded by the Tribe or suspended or reassumed by the Department.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.