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Current as of January 01, 2024 | Updated by Findlaw Staff
The Secretary, on terms prescribed by him, may re-lease lands in the naval petroleum reserves that were covered by leases made before July 1, 1936, and terminated by law at the expiration of their initial twenty-year periods. If any such land is to be re-leased, the Secretary shall give to the former lessee preferential rights to the new lease.
Cite this article: FindLaw.com - 10 U.S.C. § 8729 - U.S. Code - Unannotated Title 10. Armed Forces § 8729. Re-lease of certain lands: lessee's preferential right - last updated January 01, 2024 | https://codes.findlaw.com/us/title-10-armed-forces/10-usc-sect-8729/
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