C.F.R. » Title 25 » CHAPTER I—BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR › SUBCHAPTER I—ENERGY AND MINERALS › PART 211—LEASING OF TRIBAL LANDS FOR MINERAL DEVELOPMENT › Subpart B—How To Acquire Leases

25 C.F.R. § 211.23

Corporate qualifications and requests for information

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(a) The signing in a representative capacity and delivery of bids, geological and geophysical permits, mineral leases, or assignments, bonds, or other instruments required by the regulations in this part constitutes certification that the individual signing (except a surety agent) is authorized to act in such capacity. An agent for a surety shall furnish a power of attorney.

(b) A corporate applicant proposing to acquire an interest in a permit or lease shall have on file with the superintendent or area director a statement showing:

(1) The State(s) in which the corporation is incorporated, and that the corporation is authorized to hold such interests in the State where the land described in the instrument is situated; and

(2) A notarized statement that the corporation has power to conduct all business and operations as described in the lease or permit.

(c) The Secretary may, either before or after the approval of a permit, mineral lease, assignment, or bond, call for any reasonable additional information necessary to carry out the regulations in this part, or other applicable laws and regulations.

Notes of Decisions
Cited in 1 case, 2011–2011 · leading case: In Re Platinum Oil Props., LLC, 465 B.R. 621 (Bankr. D.N.M. 2011).
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In Re Platinum Oil Props., LLC, 465 B.R. 621 (Bankr. D.N.M. 2011). “#250 filed by the United States of America on behalf of the Bureau of Indian Affairs (‘BIA’) The objection has been resolved and the claim for plugging and abandonment filed by the BIA will be withdrawn in view of the following: (i) the Debtor has a bond; (ii) the Debtor agrees…”
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