---
kind: "section"
citation: "30 C.F.R. § 550.167"
title: "30"
number: "550.167"
heading: "How may I obtain or assign my interest in a RUE?"
url: "https://uscodex.org/cfr/30/550.167"
---

# §550.167. How may I obtain or assign my interest in a RUE?

- (a) To obtain a RUE or request an assignment of an interest in a RUE, the applicant or assignee must file an application and provide the information contained in [§ 550.161](/cfr/30/550.161.md) if a change in uses is planned and must obtain BOEM's approval.
- (b) An application for approval of an assignment of an interest in a RUE, in whole or in part, must be filed in triplicate with the Regional Director. Such application must be supported by a statement that the assignee agrees to comply with and to be bound by the terms and conditions of the RUE grant. The assignee must satisfy the bonding requirements in [§ 550.166](/cfr/30/550.166.md). No RUE assignment will be recognized unless and until it is first approved, in writing, by the Regional Director. The assignee of an interest in a RUE must pay the same service fee as that listed in [§ 550.106(a)(1)](/cfr/30/550.106.md?p=a-1) for a lease record title assignment request.
- (c) BOEM may disapprove an assignment in the following circumstances:
  - (1) When the assignee has unsatisfied obligations under the regulations in this chapter or in chapters II or XII of this title, or under any applicable BOEM or BSEE order;
  - (2) When an assignment is not acceptable as to form or content (e.g., containing incorrect legal description, not executed by a person authorized to bind the corporation, assignee does not meet the requirements of [§§ 556.401 through 556.405](/cfr/30/556.401..556.405.md) of this subchapter);
  - (3) When the assignment does not comply with or would conflict with this part, or any other applicable laws or regulations (e.g., Departmental debarment rules); or
  - (4) When the assignee does not meet the applicable financial assurance requirements in [§ 550.166](/cfr/30/550.166.md) and [part 556](/cfr/30/part556.md), [subpart I](/cfr/30/subpartI.md) of this subchapter, or has not complied with a BOEM or BSEE order.

## Notes

### Amendments

[89 FR 31589, Apr. 24, 2024]

### Authority

Authority: 30 U.S.C. 1751; 31 U.S.C. 9701; 43 U.S.C. 1334.

### Source

Source: 76 FR 64623, Oct. 18, 2011, unless otherwise noted.

### Amendments

[89 FR 31589, Apr. 24, 2024]