Code of Federal Regulations (alpha)

CFR /  Title 25  /  Part 213  /  Sec. 213.17 Government reserves right to purchase minerals produced.

In time of war or other public emergency any of the executive departments of the U.S. Government shall have the option to purchase at the prevailing market price on the date of sale all or any part of the minerals produced under any lease.

Rents and Royalties