§3602.22. When will a contract terminate?

43 C.F.R. § 3602.22

(a)

Your contract terminates when—

(1)

Its term expires;

(2)

You have completed production under your contract or permit and any renewal, and completed required reclamation; or

(3)

BLM cancels your contract under § 3601.60 et seq. of this part.

(b)

You and BLM may, by agreement, terminate the sales contract at any time.

Notes, amendments, and revision history

Authority: 30 U.S.C. 601 et seq.; 43 U.S.C. 1201, 1701 et seq.; Sec. 2, Act of September 28, 1962 (Pub. L. 87-713, 76 Stat. 652).

Source: 66 FR 58901, Nov. 23, 2001, unless otherwise noted.