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43 CFR 3105.44

§ 3105.44 Extension of lease term.

United States · 43 CFR — Public Lands: Interior · Status: effective

Property & Real Estate
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43 CFR 3105.44, § 3105.44 Extension of lease term, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/211818
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Full text

Any lease used for the storage of oil or gas will be extended for the period of storage under an approved agreement. The obligation to pay annual lease rent continues during the extended period.

Legislative history

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