Title 10 › Subtitle Subtitle C— - Navy and Marine Corps › Part PART IV— - GENERAL ADMINISTRATION › Chapter CHAPTER 869— - NAVAL PETROLEUM RESERVES › § 8735
If a foreign country's laws, customs, or rules keep U.S. citizens or U.S. companies from leasing public land there, then citizens of that foreign country, or companies they control, may not get any ownership, stake, or benefit from leases of land in naval petroleum, naval oil shale, or other naval fuel reserves under the federal laws that cover those reserves. That prohibition applies to contracts made after July 1, 1937, and to getting interest by buying, holding, or controlling stock. The Secretary may cancel any lease that breaks this rule.
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Armed Forces — Source: USLM XML via OLRC
Legislative History
Reference
Citation
10 U.S.C. § 8735
Title 10 — Armed Forces
Last Updated
Apr 6, 2026
Release point: 119-73