43 CFR §4120.3-5
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The authorized officer shall not approve the transfer of a grazing preference under § 4110.2-3 of this title or approve use by the transferee of existing range improvements, unless the transferee has agreed to compensate the transferor for his/her interest in the authorized improvements within the allotment as of the date of the transfer.