[Code of Federal Regulations]

[Title 43, Volume 2]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 43CFR3602.24]



[Page 706]

 

                    TITLE 43--PUBLIC LANDS: INTERIOR

 

    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR

 

PART 3600_MINERAL MATERIALS DISPOSAL--Table of Contents

 

                  Subpart 3602_Mineral Materials Sales

 

Sec. 3602.24  When may I assign my materials sales contract?



    (a) You may not assign the contract or any interest therein unless 

BLM approves the transfer in writing.

    (b) BLM will not approve your proposed assignment of contract, 

unless--

    (1) Your assignee--

    (i) Furnishes a financial guarantee as required by Sec. 3602.14; or

    (ii) Obtains a written commitment from the previous surety that it 

will be bound by the assignment when BLM approves it; and

    (2) The assignment contains all the terms and conditions in your 

contract.