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Code of Federal Regulations Title 25. Indians § 25.162.441 How will BIA decide whether to approve a business lease?

Current as of October 02, 2022 | Updated by FindLaw Staff

(a) We will approve a business lease unless:

(1) The required consents have not been obtained from the parties to the lease;

(2) The requirements of this subpart have not been met;  or

(3) We find a compelling reason to withhold our approval in order to protect the best interests of the Indian landowners.

(b) We will defer, to the maximum extent possible, to the Indian landowners' determination that the lease is in their best interest.

(c) We may not unreasonably withhold approval of a lease.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 25. Indians § 25.162.441 How will BIA decide whether to approve a business lease? - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-25-indians/cfr-sect-25-162-441/

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