30 CFR §581.4
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)In accordance with section 8(k) of the Act, leases shall be awarded only to qualified persons offering the highest cash bonus bid.
- (b)Mineral leases issued pursuant to section 8 of the Act may be held only by:
- (1)Citizens and nationals of the United States;
- (2)Aliens lawfully admitted for permanent residence in the United States as defined in 8 U.S.C. 1101(a)(20);
- (3)Private, public, or municipal corporations organized under the laws of the United States or of any State or of the District of Columbia or territory thereof; or
- (4)Associations of such citizens, nationals, resident aliens, or private, public, or municipal corporations, States, or political subdivisions of States.