43 CFR 3509.15
§ 3509.15 Do I have to pay for a future interest lease?
United States · 43 CFR — Public Lands: Interior · Status: effective
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- Citation
- 43 CFR 3509.15, § 3509.15 Do I have to pay for a future interest lease?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/213268
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Full text
You must pay fair market value for the mineral deposit when title vests in the United States. You also will be required to pay royalty on your production.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.