Code of Federal Regulations · Section
§ 970.2401 — Definitions
15 C.F.R. § 970.2401
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(a) Engage in exploration means:
(1) To cause or authorize exploration to occur, including but not limited to a person's actions as a sponsor, principal, or purchaser of exploration services; or
(2) To conduct exploration on behalf of a person described in paragraph (a)(1) of this section.
(b) [Reserved]
Authorizing Statute
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Congressional findings and declaration of purpose30 U.S.C. § 1401