43 CFR § 3515.15 - May BLM initiate an exchange?

---
identifier: "/us/cfr/t43/s3515.15"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "43 CFR § 3515.15 - May BLM initiate an exchange?"
title_number: 43
title_name: "Public Lands: Interior"
section_number: "3515.15"
section_name: "May BLM initiate an exchange?"
chapter_name: "BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR"
subchapter_number: "C"
subchapter_name: "MINERALS MANAGEMENT (3000)"
part_number: "3500"
part_name: "LEASING OF SOLID MINERALS OTHER THAN COAL AND OIL SHALE"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 552; 30 U.S.C. 189, 192c, and 209; 43 U.S.C. 1701  and sec. 402, Reorganization Plan No. 3 of 1946 (5 U.S.C. appendix)."
regulatory_source: "64 FR 53536, Oct. 1, 1999, unless otherwise noted."
cfr_part: "3500"
---


# 3515.15 May BLM initiate an exchange?

Yes. When we do:

(a) We will notify you that we are prepared to consider exchange of a mineral lease if you relinquish your existing leasing rights.

(b) We may exchange all or any part of the lands under your preference right lease application(s) or lease(s).