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Current as of January 02, 2025 | Updated by Findlaw Staff
BLM will reject your fractional interest application if:
(a) You do not meet the qualifications in § 3509.45 of this part;
(b) You would have an interest in the total Federal and non–Federal mineral estate of less than 50% once the fractional interest prospecting permit or lease is issued, unless we determine it would be in the best interests of the government to issue the permit or lease; or
(c) We determine that it is not in the public interest to grant the lease.
Cite this article: FindLaw.com - Code of Federal Regulations Title 43. Public Lands: Interior § 43.3509.50 Under what conditions would BLM reject my application for a fractional interest prospecting permit or lease? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-43-public-lands-interior/cfr-sect-43-3509-50/
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