# 30 C.F.R. § 556.714 (2026): As a restricted joint bidder, may I transfer an interest to another restricted joint bidder?

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_714

## Section

- **Citation:** 30 C.F.R. § 556.714 (2026)
- **Heading:** As a restricted joint bidder, may I transfer an interest to another restricted joint bidder?
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 30 CFR: Mineral Resources / Chapter V: BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR / Part 556: LEASING OF SULFUR OR OIL AND GAS AND FINANCIAL ASSURANCE REQUIREMENTS IN THE OUTER CONTINENTAL SHELF / Subpart G: Transferring All or Part of the Record Title Interest in a Lease / § 556.714: § 556.714   As a restricted joint bidder, may I transfer an interest to another restricted joint bidder?

## Text

(a) Where the proposed assignment or transfer is by a person who, at the time of acquisition of an interest in the lease, was on the List of Restricted Joint Bidders, and that assignment or transfer is of less than the entire interest held by the assignor or transferor and to a person or persons on the same List of Restricted Joint Bidders, the assignor or transferor must file, prior to the approval of the assignment, a copy of all agreements applicable to the acquisition of that lease or fractional interest, or a description of the timing and nature of the agreement(s) by which the assignor or transferor acquired the interest it now wishes to transfer.
(b) Such description of the timing and nature of the transfer agreement must be submitted together with a certified statement that attests to the truth and accuracy of any information reported concerning that agreement, subject to the penalties of 18 U.S.C. 1001.
(c) If you wish to transfer less than your entire interest to another restricted joint bidder, BOEM may request the opinion of the Attorney General before acting on your request.
(d) You may request that any submission to BOEM made pursuant to this part be treated confidentially. Please note such a request on your submission. BOEM will treat this request for confidentiality in accordance with the regulations at § 556.104 and the regulations at 43 CFR part 2.

## Nearby sections

- [30 C.F.R. § 556.700 (2026) § 556.700   May I assign or sublease all or any part of the record title interest in my lease?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_700.md)
- [30 C.F.R. § 556.701 (2026) § 556.701   How do I seek approval of an assignment of the record title interest in my lease, or a severance of operating rights from that record title interest?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_701.md)
- [30 C.F.R. § 556.702 (2026) § 556.702   When will my assignment result in a segregated lease?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_702.md)
- [30 C.F.R. § 556.703 (2026) § 556.703   What is the effect of the approval of the assignment of 100 percent of the record title in a particular aliquot(s) of my lease and of the resulting lease segregation?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_703.md)
- [30 C.F.R. § 556.704 (2026) § 556.704   When may BOEM disapprove an assignment or sublease of an interest in my lease?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_704.md)
- [30 C.F.R. § 556.705 (2026) § 556.705   How do I transfer the interest of a deceased natural person who was a lessee?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_705.md)
- [30 C.F.R. § 556.706 (2026) § 556.706   What if I want to transfer record title interests in more than one lease at the same time, but to different parties?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_706.md)
- [30 C.F.R. § 556.707 (2026) § 556.707   What if I want to transfer different types of lease interests (not only record title interests) in the same lease to different parties?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_707.md)
- [30 C.F.R. § 556.708 (2026) § 556.708   What if I want to transfer my record title interests in more than one lease to the same party?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_708.md)
- [30 C.F.R. § 556.709 (2026) § 556.709   What if I want to transfer my record title interest in one lease to multiple parties?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_709.md)
- [30 C.F.R. § 556.710 (2026) § 556.710   What is the effect of an assignment of a lease on an assignor's liability under the lease?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_710.md)
- [30 C.F.R. § 556.711 (2026) § 556.711   What is the effect of a record title holder's sublease of operating rights on the record title holder's liability?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_711.md)
- [30 C.F.R. § 556.712 (2026) § 556.712   What is the effective date of a transfer?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_712.md)
- [30 C.F.R. § 556.713 (2026) § 556.713   What is the effect of an assignment of a lease on an assignee's liability under the lease?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_713.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_714. Check the current official text before relying on it. Not legal advice.
