Regulations last checked for updates: Jun 02, 2024

Title 43 - Public Lands: Interior last revised: May 13, 2024
§ 3923.10 - Minimum bid.

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.

authority: 30 U.S.C. 241(a), 42 U.S.C. 15927,43.S.C. 1732(b) and 1740
source: 73 FR 69477, Nov. 18, 2008, unless otherwise noted.
cite as: 43 CFR 3923.10