43 CFR 3106.7-3 - Lease account status.
Code of Federal Regulations - Title 43: Public Lands: Interior (December 2005)
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TITLE 43 - PUBLIC LANDS: INTERIOR
SUBTITLE B - REGULATIONS RELATING TO PUBLIC LANDS
CHAPTER II - BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
SUBCHAPTER C - MINERALS MANAGEMENT (3000)
PART 3100 - OIL AND GAS LEASING
subpart 3106 - TRANSFERS BY ASSIGNMENT, SUBLEASE OR OTHERWISE
3106.7 - 3 - Lease account status.
A transfer of record title or of operating rights (sublease) in a producing lease shall not be approved unless the lease account is in good standing.
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