43 CFR 3216.12
§ 3216.12 When does a transferee take responsibility for lease obligations?
United States · 43 CFR — Public Lands: Interior · Status: effective
Cite this
- Citation
- 43 CFR 3216.12, § 3216.12 When does a transferee take responsibility for lease obligations?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/212581
- Permanent ID
ys:prov:212581@1- SHA-256
407ee2e44634cc0f647cceeaa91a2aeec59b70e26ffa0256946417716f181d35
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
After BLM approves your transfer, the transferee is responsible for performing all lease obligations accruing after the date of the transfer, and for plugging and abandoning wells which exist and are not plugged and abandoned at the time of the transfer.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.