StacksVerified U.S. regulatory reference

43 CFR §3515.21

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The lands to be leased in exchange for your existing rights must be:
  1. (a)Subject to leasing under the authorities of this part; and
  2. (b)Acceptable to both you and BLM as a lease tract containing a deposit of leasable or hardrock minerals of equal value to your existing rights.