36 CFR § 51.89

36 CFR · Parks, Forests, and Public Property

§ 51.89 — What happens if there is a default on an encumbrance approved by the Director?

36 CFR § 51.89

TitleTitle 36: Parks, Forests, and Public Property PartPart 51: Concession Contracts

SourceeCFR (current through Apr 2, 2026)

This text of 36 C.F.R. § 51.89 (What happens if there is a default on an encumbrance approved by the Director?) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

36 C.F.R. § 51.89 (2026).

Text

§ 51.89 What happens if there is a default on an encumbrance approved by the Director?
In the event of default on an encumbrance approved by the Director in accordance with this part, the creditor, or an assignee of the creditor, may succeed to the interests of the concessioner only to the extent provided by the approved encumbrance, this part and the terms and conditions of the applicable concession contract.

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§ 51.89 What happens if there is a default on an encumbrance approved by the Director?

In the event of default on an encumbrance approved by the Director in accordance with this part, the creditor, or an assignee of the creditor, may succeed to the interests of the concessioner only to the extent provided by the approved encumbrance, this part and the terms and conditions of the applicable concession contract.