[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: 43CFR3500]



[Page 661]

 

                    TITLE 43--PUBLIC LANDS: INTERIOR

 

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

 

PART 3500_LEASING OF SOLID MINERALS OTHER THAN COAL AND OIL SHALE

--Table of Contents

 

                Subpart 3503_Areas Available for Leasing

 

Sec.  3503.38  How does BLM compute my acreage holdings?



    (a) The maximum acreage in any one state refers to the acres you 

hold under a permit or lease on either public domain lands or acquired 

lands. Acquired lands and public domain lands are counted separately, so 

you may hold up to the maximum acreage of each at the same time. For 

example, one person could hold 20,000 acres under phosphate leases for 

public domain lands and 20,000 acres under phosphate leases for acquired 

lands at the same time.

    (b) If your permit or lease is for fractional interest lands, BLM 

will charge your acreage holdings for a share which is proportionate to 

the United States' ownership interest. For example, if the United States 

holds a 25% interest in 200 acres, you will be charged with 50 acres 

(200 x .25).

    (c) BLM will not charge any acreage in a future interest lease 

against your acreage limitations until the date the permit or lease 

takes effect.

    (d) If you own stock in a corporation or a beneficial interest in an 

association which holds a lease or permit, your acreage will include 

your proportionate part of the corporation's or association's share of 

the total lease or permit acreage. This only applies if you own more 

than 10 percent of the corporate stock or beneficial interest of the 

association.



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