Code of Federal Regulations · Section

§ 3509.15 — Do I Have To Pay For A Future Interest Lease?

43 C.F.R. § 3509.15

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You must pay fair market value for the mineral deposit when title vests in the United States. You also will be required to pay royalty on your production.

43 C.F.R. § 3509.12 43 C.F.R. § 3509.16

Authorizing Statute

Rules and regulations; boundary lines; State rights unaffected; taxation
30 U.S.C. § 189
Public information; agency rules, opinions, orders, records, and proceedings
5 U.S.C. § 552
Congressional declaration of policy
43 U.S.C. § 1701