U.S. Code » Title 10 » Subtitle Subtitle C— Navy and Marine Corps › Part PART IV— GENERAL ADMINISTRATION › Chapter CHAPTER 869— NAVAL PETROLEUM RESERVES

10 U.S.C. § 8729

Re-lease of certain lands: lessee’s preferential right

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The Secretary, on terms prescribed by him, may re-lease lands in the naval petroleum reserves that were covered by leases made before July 1, 1936, and terminated by law at the expiration of their initial twenty-year periods. If any such land is to be re-leased, the Secretary shall give to the former lessee preferential rights to the new lease.