Code of Federal Regulations · Section
§ 3203.18 — What Happens To Parcels That Receive No Bids At A Competitive Lease Sale?
43 C.F.R. § 3203.18
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Lands offered at a competitive lease sale that receive no bids will be available for leasing in accordance with subpart 3204.
Authorizing Statute
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Congressional declaration of policy43 U.S.C. § 1701