43 CFR § 3581.4-1
Lease terms
June 11, 2020
The lease shall be issued for a period of 20 years with a preference right in the lessee to renew for a 10-year term at the end of the initial term and at the end of each 10-year period thereafter.
[51 FR 15213, Apr. 22, 1986; 51 FR 25204, July 11, 1986]
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