Section 585.237 - [Effective 7/15/2024] What is the effective date of a lease?(a) A lease issued under this part must be dated and becomes effective as of the first day of the month following the date a lease is signed by the lessor.(b) If the lessee submits a written request and BOEM approves, a lease may be dated and become effective the first day of the month in which it is signed by the lessor.88 FR 6430, 1/31/2023; 89 FR 42729, 7/15/2024