[Code of Federal Regulations]
[Title 43, Volume 2]
[Revised as of October 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 43CFR2720.1-1]

[Page 221]
 
                    TITLE 43--PUBLIC LANDS: INTERIOR
 
    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
 
PART 2720_CONVEYANCE OF FEDERALLY-OWNED MINERAL INTERESTS--Table of Contents
 
      Subpart 2720_Conveyance of Federally-Owned Mineral Interests
 
Sec. 2720.1-1  Filing of application.

    (a) Any existing or prospective record owner of the surface of land 
in which mineral interests are reserved or otherwise owned by the United 
States may file an application to purchase such mineral interests if--
    (1) He has reason to believe that there are no known mineral values 
in the land, or
    (2) The reservation of ownership of the mineral interests in the 
United States interferes with or precludes appropriate non-mineral 
development of the land and such development would be a more beneficial 
use of the land than its mineral development.
    (b) Publication in the Federal Register of a notice of the filing of 
an application under this part shall segregate the mineral interests 
owned by the United States in the public lands covered by the 
application to the extent that they will not be subject to appropriation 
under the public land laws, including the mining laws. The segregative 
effect of the application shall terminate either upon issuance of a 
patent or other document of conveyance to such mineral interests, upon 
final rejection of the application or 2 years from the date of filing of 
the application which ever occurs first.

[44 FR 1342, Jan. 4, 1979, as amended at 51 FR 9657, Mar. 20, 1986]