Us Code § 316i - Assignment of leases
Full text of Us Code United States Code § 316i — Assignment of leases, with citation guidance and answers to common questions.
§ 316i. Assignment of leases
The lessee may, with the approval of the Secretary, assign in whole or in part any lease, and to the extent of such assignment be relieved from any liability in respect of such lease, accruing subsequent to the effective date of such assignment.
(Mar. 4, 1927, ch. 513, §10, 44 Stat. 1453.)
Editorial Notes
Codification
Section was formerly classified to section 471i of Title 48, Territories and Insular Possessions.
About This Section
43 U.S.C. § 316i is part of Title 43 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
This section may be cited in legal writing as 43 U.S.C. § 316i. For the most current official text, including any recent amendments, use the official source links below. Do not rely on this page as the sole authority for legal citation or litigation.
How to Read This Statute
Statutes are organized by title, chapter, section, and subsection. Pay attention to words like "shall," "may," "and," and "or," because they determine whether a requirement is mandatory or permissive and whether multiple conditions must all be met. Historical notes and amendments often appear at the end of a section.
Using This Page
This page is intended for research and educational use. Lawyers, students, journalists, and compliance professionals can use it as a starting point, but should always verify the current text through an official government source before relying on it for legal advice, filings, or compliance decisions.