25 C.F.R. § 162.522

May a WEEL contain an option for the lessee to enter into a WSR lease?

Last amended: 2016Year: 2025Length: 57 wordsSubsections: 2Official source

Cite as 25 C.F.R. § 162.522 (2025)

(a) A WEEL may provide for an option period following the expiration of the WEEL term during which the lessee and the Indian landowners may enter into a WSR lease. (b) Our approval of a WEEL that contains an option to enter into a WSR lease does not guarantee or imply our approval of any WSR lease.
25 C.F.R. § 162.522: May a WEEL contain an option for the lessee to enter into a WSR lease? | Justis AI