# 30 CFR § 556.714: 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/ecfr-30-556.714

## Section

- **Citation:** 30 CFR § 556.714
- **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:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 30—Mineral Resources > CHAPTER V—BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR > SUBCHAPTER B—OFFSHORE > 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

## 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 CFR § 556.100 § 556.100 Statement of policy.](https://www.frixlaw.com/law-library/statutes/ecfr-30-556.100.md)
- [30 CFR § 556.101 § 556.101 Purpose.](https://www.frixlaw.com/law-library/statutes/ecfr-30-556.101.md)
- [30 CFR § 556.102 § 556.102 Authority.](https://www.frixlaw.com/law-library/statutes/ecfr-30-556.102.md)
- [30 CFR § 556.104 § 556.104 Information collection and proprietary information.](https://www.frixlaw.com/law-library/statutes/ecfr-30-556.104.md)
- [30 CFR § 556.105 § 556.105 Acronyms and definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-30-556.105.md)
- [30 CFR § 556.106 § 556.106 Service fees.](https://www.frixlaw.com/law-library/statutes/ecfr-30-556.106.md)
- [30 CFR § 556.107 § 556.107 Corporate seal requirements.](https://www.frixlaw.com/law-library/statutes/ecfr-30-556.107.md)
- [30 CFR § 556.200 § 556.200 What is the Five Year leasing program?](https://www.frixlaw.com/law-library/statutes/ecfr-30-556.200.md)
- [30 CFR § 556.201 § 556.201 Does BOEM consider multiple uses of the OCS?](https://www.frixlaw.com/law-library/statutes/ecfr-30-556.201.md)
- [30 CFR § 556.202 § 556.202 How does BOEM start the Five Year program preparation process?](https://www.frixlaw.com/law-library/statutes/ecfr-30-556.202.md)
- [30 CFR § 556.203 § 556.203 What does BOEM do before publishing a proposed Five Year program?](https://www.frixlaw.com/law-library/statutes/ecfr-30-556.203.md)
- [30 CFR § 556.204 § 556.204 How do governments and citizens comment on a proposed Five Year program?](https://www.frixlaw.com/law-library/statutes/ecfr-30-556.204.md)
- [30 CFR § 556.205 § 556.205 What does BOEM do before approving a proposed final Five Year program or a significant revision of a previously-approved Five Year program?](https://www.frixlaw.com/law-library/statutes/ecfr-30-556.205.md)
- [30 CFR § 556.300 § 556.300 What reports may BOEM and other Federal agencies prepare before a lease sale?](https://www.frixlaw.com/law-library/statutes/ecfr-30-556.300.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-30-556.714. Check the current official text before relying on it. Not legal advice.