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Current as of January 02, 2025 | Updated by Findlaw Staff
BOEM may disapprove an assignment of all or part of your operating rights interest:
(a) When the transferor or transferee has outstanding or unsatisfied obligations under this chapter or 30 CFR chapter II or XII;
(b) When a transferor attempts a transfer that is not acceptable as to form or content (e.g., not on standard form, containing incorrect legal description, not executed in accordance with corporate governance, transferee does not meet the requirements of § 556.401, etc.); or
(c) When the transfer does not conform to these regulations, or any other applicable laws or regulations (e.g., departmental debarment rules).
Cite this article: FindLaw.com - Code of Federal Regulations Title 30. Mineral Resources § 30.556.802 When would BOEM disapprove the assignment of all or part of my operating rights interest? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-30-mineral-resources/cfr-sect-30-556-802/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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