---
kind: "section"
citation: "25 C.F.R. § 225.29"
title: "25"
number: "225.29"
heading: "Corporate qualifications and requests for information."
url: "https://uscodex.org/cfr/25/225.29"
---

# §225.29. Corporate qualifications and requests for information.

- (a) The signing in a representative capacity of minerals agreements or assignments, bonds, or other instruments required by a minerals agreement or these regulations, constitutes certification that the individual signing (except a surety agent) is authorized to act in such a capacity. An agent for a surety shall furnish a power of attorney.
- (b) A prospective corporate operator proposing to acquire an interest in a minerals agreement shall have on file with the Superintendent a statement showing:
  - (1) The State(s) in which the corporation is incorporated, and a notarized statement that the corporation is authorized to hold such interests in the State where the land described in the minerals agreement is situated; and
  - (2) A notarized statement that it has power to conduct all business and operations as described in the minerals agreement.
- (c) The Secretary may, either before or after the approval of a minerals agreement, assignment, or bond, call for any reasonable additional information necessary to carry out the regulations in this part, or other applicable laws and regulations.

## Notes

### Authority

Authority: 25 U.S.C. 2, 9, and 2101-2108; and Sec. 701, Pub. L. 114-74, 129 Stat. 599.

### Source

Source: 59 FR 14971, Mar. 30, 1994, unless otherwise noted.