---
kind: "section"
citation: "15 C.F.R. § 971.803"
title: "15"
number: "971.803"
heading: "Relinquishment and surrender of licenses and permits."
url: "https://uscodex.org/cfr/15/971.803"
---

# §971.803. Relinquishment and surrender of licenses and permits.

- (a) Any licensee or permittee may at any time, without penalty:
  - (1) Surrender to the Administrator a license or permit issued to the licensee or permittee; or
  - (2) Relinquish to the Administrator, in whole or in part, any right to conduct any exploration or commercial recovery activities authorized by the license or permit.
- (b) Any licensee or permittee who surrenders, or relinquishes any right under, a license or permit will remain liable with respect to all violations and penalties incurred, and damage to persons or property caused, by the licensee or permittee as a result of activities engaged in by the licensee or permittee under the license or permit.

## Notes

### Authority

Authority: 30 U.S.C. 1401 et seq.

### Source

Source: 54 FR 525, Jan. 6, 1989, unless otherwise noted.