[Code of Federal Regulations]

[Title 43, Volume 2]

[Revised as of October 1, 2006]

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

[CITE: 43CFR2720.1-1]



[Page 217]

 

                    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]