Reference
Mineral Leasing Act of 1920
Summary
Under the Mineral Leasing Act of 1920, the Bureau of Land Management grants leases for development of deposits of coal, phosphate, potash, sodium, sulphur and other leasable minerals on public domain lands and on lands having federal reserved minerals.
Main Points
The Mineral Leasing Act:
- Establishes qualifications for mineral lessees
- Sets out maximum limits on the number of acres of a particular mineral that can be held by a lessee
- Prohibits alien ownership of leases except though stock ownership in a corporation
Click here for the full text of the act
http://www4.law.cornell.edu/uscode/30/ch3A.html
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