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43 CFR 3514.40

§ 3514.40 What if I am a

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

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43 CFR 3514.40, § 3514.40 What if I am a, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/213337
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(a) If you are a bona fide purchaser, BLM will not cancel your lease or your interest in a lease based on your predecessor's actions. However, you must be sure that the lease is in compliance with the terms and conditions required by BLM. (b) BLM will promptly take action to dismiss any party who shows they are a bona fide purchaser from any legal proceedings to cancel the lease.

Legislative history

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