Title 30 — Mineral Lands and MiningRelease 119-73not60
§1425 Relinquishment, Surrender, and Transfer of Licenses and Permits
Title 30 › Chapter 26— DEEP SEABED HARD MINERAL RESOURCES › Subchapter I— REGULATION OF EXPLORATION AND COMMERCIAL RECOVERY BY UNITED STATES CITIZENS › § 1425
Summary
Licensees may, at any time and without penalty, give their license or any rights under it back to the Administrator. If asked in writing, the Administrator can transfer a license only to a United States citizen and only after finding (1) the transfer is in the public interest and (2) the transferee and the activities meet the chapter and its regulations.
Full Legal Text
Title 30, §1425
Mineral Lands and Mining — Source: USLM XML via OLRC
(a)Any licensee or permittee may at any time, without penalty—
(1)surrender to the Administrator a license or a permit issued to the licensee or permittee; or
(2)relinquish to the Administrator, in whole or in part, any right to conduct any exploration or commercial recovery activities authorized by the license or permit.
(b)Any license or permit, upon written request of the licensee or permittee, may be transferred by the Administrator; except that no such transfer may occur unless the proposed transferee is a United States citizen and until the Administrator determines that (1) the proposed transfer is in the public interest, and (2) the proposed transferee and the exploration or commercial recovery activities the transferee proposes to conduct meet the requirements of this chapter and regulations issued under this chapter.
Reference
Citations & Metadata
Citation
30 U.S.C. § 1425
Title 30 — Mineral Lands and Mining
Last Updated
Apr 5, 2026
Release point: 119-73not60