§3923.10. Minimum bid.
43 C.F.R. § 3923.10
The BLM will not accept any bid that is less than the FMV as determined under § 3924.10(d). In no case may the minimum bid be less than $1,000 per acre.
Notes, amendments, and revision history
Authority
Authority: 30 U.S.C. 241(a), 42 U.S.C. 15927, 43 U.S.C. 1732(b) and 1740.
Source
Source: 73 FR 69477, Nov. 18, 2008, unless otherwise noted.