43 CFR §3512.13
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)Within 90 days of final execution of the assignment, you must submit three copies of your instrument for assignment of each permit or lease. The instrument must contain:
- (1)The assignee's name and current address;
- (2)The interest held by you and the interest you plan to assign;
- (3)The serial number of the affected permit or lease;
- (4)The amount of overriding royalties you retain;
- (5)The date and your original signature on each copy, as the assignor; and
- (6)The assignee must also send BLM a request for approval of the assignment which must contain:
- (b)BLM must approve the assignment. We will notify you with a decision indicating approval or disapproval.
- (c)If you are assigning a portion of your permit or lease, we will create a new permit or lease for the assigned portion, if approved.