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Code · CFR · Title 25 — Indians · Part 162 · § 162.522

§ 162.522. May a WEEL contain an option for the lessee to enter into a WSR lease?

57 words·~1 min read·/us/cfr/t25/s§ 162.522·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)A WEEL may provide for an option period following the expiration of the WEEL term during which the lessee and the Indian landowners may enter into a WSR lease.
(b)Our approval of a WEEL that contains an option to enter into a WSR lease does not guarantee or imply our approval of any WSR lease.
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