§3602.26. If I assign my contract, when do my obligations under the contract end? — Inbound Citations
43 C.F.R. § 3602.26
Statutory Authority
Cited by 3 regulations in release Current.
Citations to 43 C.F.R. § 3602.26 as a whole
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BLM will cancel your bond obligations following approval of the transfer of your interests or operations if the transferee provides a bond that assumes all of your existing liabilities as required in § 3602.24. However, under § 3602.26, you remain liable for any reclamation or other obligation that accrued during the time you held your interest.
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In addition to the following sections, §§ 3602.31 through 3602.35, the provisions of §§ 3602.11 through 3602.29 also apply to noncompetitive sales.
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In addition to the following sections, §§ 3602.41 through 3602.49, the provisions of §§ 3602.11 through 3602.29 also apply to competitive sales.