1. LawStack
  2. Title 25 - Indians
  3. Chapter I - BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR
  4. Subchapter I - ENERGY AND MINERALS
  5. Part 226 - LEASING OF OSAGE RESERVATION LANDS FOR OIL AND GAS MINING
  6. Topic - Leasing Procedure, Rental and Royalty
  7. 25 CFR § 226.12
25 CFR § 226.12
Government reserves right to purchase oil
February 24, 2021
CFR

Any of the executive departments of the U.S. Government shall have the option to purchase all or any part of the oil produced from any lease at not less than the highest posted price as defined in §226.11.

Previous
§ 226.11 Royalty payments
Next
§ 226.13 Time of royalty payments and reports

Tried the LawStack mobile app?

Join thousands and try LawStack mobile for FREE today.

  • Carry the law offline, wherever you go.
  • Download CFR, USC, rules, and state law to your mobile device.

Designed and built by Tekk Innovations LLC, the makers of the LawStack iPhone app or Android app.

© 2020 Tekk Innovations LLC