---
kind: "section"
citation: "43 C.F.R. § 3515.20"
title: "43"
number: "3515.20"
heading: "May I exchange preference rights?"
url: "https://uscodex.org/cfr/43/3515.20"
---

# §3515.20. May I exchange preference rights?


Yes. To have a preference right that can be exchanged, you must have timely submitted a preference right lease application. If you have demonstrated a right to a lease, BLM may, in lieu of issuing the preference right lease, negotiate for the selection of appropriate lands to exchange and establish lease terms for those lands.


## Notes

### Authority

Authority: 5 U.S.C. 552; 30 U.S.C. 189, 192c, and 209; 43 U.S.C. 1701 et seq.; and sec. 402, Reorganization Plan No. 3 of 1946 (5 U.S.C. appendix).

### Source

Source: 64 FR 53536, Oct. 1, 1999, unless otherwise noted.