30 CFR § 556.712 - What is the effective date of a transfer?

---
identifier: "/us/cfr/t30/s556.712"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "30 CFR § 556.712 - What is the effective date of a transfer?"
title_number: 30
title_name: "Mineral Resources"
section_number: "556.712"
section_name: "What is the effective date of a transfer?"
chapter_name: "BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR"
subchapter_number: "B"
subchapter_name: "OFFSHORE"
part_number: "556"
part_name: "LEASING OF SULFUR OR OIL AND GAS AND FINANCIAL ASSURANCE REQUIREMENTS IN THE OUTER CONTINENTAL SHELF"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "31 U.S.C. 9701; 42 U.S.C. 6213; 43 U.S.C. 1334."
regulatory_source: "81 FR 18152, Mar. 30, 2016, unless otherwise noted."
cfr_part: "556"
---


# 556.712 What is the effective date of a transfer?

Any transfer is effective at 12:01 a.m. on the first day of the month following the date on which BOEM approves your request, unless you request an earlier effective date and BOEM approves that earlier date, but such earlier effective date, if prior to the date of BOEM's approval, does not relieve you of obligations accrued between that earlier effective date and the date of approval.