43 CFR 3515.20
§ 3515.20 May I exchange preference rights?
United States · 43 CFR — Public Lands: Interior · Status: effective
Cite this
- Citation
- 43 CFR 3515.20, § 3515.20 May I exchange preference rights?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/213344
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Full text
Yes. To have a preference right that can be exchanged, you must have timely submitted a preference right lease application. If you have demonstrated a right to a lease, BLM may, in lieu of issuing the preference right lease, negotiate for the selection of appropriate lands to exchange and establish lease terms for those lands.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.