2018 US Code
Title 30 - Mineral Lands and Mining
Chapter 7 - Lease of Mineral Deposits Within Acquired Lands
Sec. 354 - Lease of partial or future interests in deposits

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Citation 30 U.S.C. § 354 (2018)
Section Name §354. Lease of partial or future interests in deposits
Section Text

Where the United States does not own all of the mineral deposits under any lands sought to be leased and which are affected by this chapter, the Secretary is authorized to lease the interest of the United States in any such mineral deposits when, in the judgment of the Secretary, the public interest will be best served thereby; subject, however, to the provisions of section 352 of this title. Where the United States does not own any interest or owns less than a full interest in the minerals that may be produced from any lands sought to be leased, and which are or will be affected by this chapter and where, under the provisions of its acquisition, the United States is to acquire all or any part of such mineral deposits in the future, the Secretary may lease any interest of the United States then owned or to be acquired in the future in the same manner as provided in the preceding sentence.

Source Credit

(Aug. 7, 1947, ch. 513, §5, 61 Stat. 914.)

Publication Title United States Code, 2018 Edition, Title 30 - MINERAL LANDS AND MINING
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 30 - MINERAL LANDS AND MINING
CHAPTER 7 - LEASE OF MINERAL DEPOSITS WITHIN ACQUIRED LANDS
Sec. 354 - Lease of partial or future interests in deposits
Contains section 354
Date 2018
Laws In Effect As Of Date January 14, 2019
Positive Law No
Disposition standard
Statutes at Large References 61 Stat. 914
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