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Code · CFR · Title 30 — Mineral Resources · Part 581 · § 581.4

§ 581.4. Qualifications of lessees.

112 words·~1 min read·/us/cfr/t30/s§ 581.4·

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(a)In accordance with section 8(k) of the Act, leases shall be awarded only to qualified persons offering the highest cash bonus bid.
(b)Mineral leases issued pursuant to section 8 of the Act may be held only by:
(1)Citizens and nationals of the United States;
(2)Aliens lawfully admitted for permanent residence in the United States as defined in 8 U.S.C. 1101(a)(20);
(3)Private, public, or municipal corporations organized under the laws of the United States or of any State or of the District of Columbia or territory thereof; or
(4)Associations of such citizens, nationals, resident aliens, or private, public, or municipal corporations, States, or political subdivisions of States.
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§ 581.4
Qualifications of lessees.
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