[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: 43CFR2916.2-3]

[Page 295]
 
                    TITLE 43--PUBLIC LANDS: INTERIOR
 
    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
 
PART 2910_LEASES--Table of Contents
 
                      Subpart 2916_Alaska Fur Farm
 
Sec. 2916.2-3  Renewal of leases.

    Upon an application filed in the proper office within 90 days 
preceding the expiration date of the lease, if it is determined that a 
renewal lease should be granted, the lessee will be offered such lease 
by the authorized officer, upon such terms and conditions and for such 
duration as may be fixed, not exceeding 10 years. The filing of an 
application for renewal does not confer on the lessee any preference 
right to a renewal. The timely filing of an application will, however 
authorize the exclusive fur-farming use of the lands by the lessee in 
accordance with the terms of the prior lease pending final action on the 
renewal application.