Sec. 114. Grant of leases by the Secretary
89 words·~1 min read·
/bill/113/hr/3033/ih/section-114A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
On payment by a lessee of such bonus as may be accepted by the Secretary, the Secretary may grant to the highest responsible qualified bidder in a lease sale conducted pursuant to section 113 a lease for any land on the Coastal Plain. No lease issued under this subtitle may be sold, exchanged, assigned, sublet, or otherwise transferred except with the approval of the Secretary. Before granting any approval described in paragraph (1), the Secretary shall consult with and give due consideration to the opinion of the Attorney General.