43 CFR 3934.40 - Payments due.

Regulations last checked for updates: Dec 19, 2025

Title 43 - Public Lands: Interior last revised: Dec 17, 2025

View all text of Subpart 3934 [§ 3934.10 - § 3934.50]

§ 3934.40 - Payments due.

If a lease is canceled or relinquished for any reason, all bonus, rentals, royalties, and minimum royalties paid will be forfeited, and any amounts not paid will be immediately payable to the United States.

authority: 25 U.S.C. 396d and 2107, 30 U.S.C. 241(a), 42 U.S.C. 15927,43.S.C. 1732(b), 1733, and 1740

source: 73 FR 69480, Nov. 18, 2008, unless otherwise noted.

cite as: 43 CFR 3934.40