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► 15 U.S.C. § 3372 15 u.s.c. · natural gas policy · title 15
15 U.S.C. § 3372
Assignment of contractual rights to receive surplus natural gas
Title 15 USC
● ACTIVE
Ch. 60
Jurisdiction Federal — United States
Chapter NATURAL GAS POLICY
Primary Source uscode.house.gov ↗
Federation ID OM-USC15-SEC-7F9B3E
► STATUTORY TEXT primary source · verbatim · uscode.house.gov

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 60 - NATURAL GAS POLICY SUBCHAPTER III - ADDITIONAL AUTHORITIES AND REQUIREMENTS Part B - Other Authorities and Requirements Sec. 3372 - Assignment of contractual rights to receive surplus natural gas From the U.S. Government Publishing Office, www.gpo.gov

§3372. Assignment of contractual rights to receive surplus natural gas

(a) Authorization of assignments The Commission may, by rule or order, authorize any intrastate pipeline to assign, without compensation, to any interstate pipeline or local distribution company all or any portion of such intrastate pipeline's right to receive surplus natural gas at any first sale, upon such terms and conditions as the Commission determines appropriate. (b) Effect of authorization under subsection (a) For the effect of an authorization under subsection (a), see section 3431 of this title (relating to the coordination of this chapter with the Natural Gas Act [15 U.S.C. 717 et seq.]). (c) Surplus natural gas For purposes of this section, the term "surplus natural gas" means any natural gas which is determined, by the State agency having regulatory jurisdiction over the intrastate pipeline which would be entitled to receive such natural gas in the absence of any assignment to exceed the then current demands on such pipeline for natural gas.

(Pub. L. 95–621, title III, §312, Nov. 9, 1978, 92 Stat. 3392; Pub. L. 101–60, §3(b)(2), July 26, 1989, 103 Stat. 158.)

Editorial Notes

References in Text The Natural Gas Act, referred to in subsec. (b), is act June 21, 1938, ch. 556, 52 Stat. 821, which is classified generally to chapter 15B (§717 et seq.) of this title. For complete classification of this act to the Code, see section 717w of this title and Tables.

Amendments 1989—Subsec. (c). Pub. L. 101–60 substituted "any natural gas" for "any natural gas— "(1) which is not committed or dedicated to interstate commerce on November 8, 1978; "(2) the first sale of which is subject to a maximum lawful price established under subchapter I of this chapter; and "(3)".

Statutory Notes and Related Subsidiaries

Effective Date of 1989 Amendment Section 3(b) of Pub. L. 101–60 provided in part that the amendment by section 3(b)(2) of Pub. L. 101–60 is effective Jan. 1, 1993.

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 15 U.S.C. § 3372 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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Chapter 60 — NATURAL GAS POLICY
15 U.S.C. § 330115 U.S.C. § 331115 U.S.C. § 334115 U.S.C. § 336115 U.S.C. § 336215 U.S.C. § 336315 U.S.C. § 336415 U.S.C. § 337115 U.S.C. § 337215 U.S.C. § 337315 U.S.C. § 337415 U.S.C. § 337515 U.S.C. § 339115 U.S.C. § 3391a15 U.S.C. § 339215 U.S.C. § 339315 U.S.C. § 339415 U.S.C. § 341115 U.S.C. § 341215 U.S.C. § 341315 U.S.C. § 341415 U.S.C. § 341515 U.S.C. § 341615 U.S.C. § 3417
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15 U.S.C.
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15 U.S.C. § 3372
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Chapter
60 — NATURAL GAS POLICY
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Commerce and Trade
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Commerce and Trade — 15 U.S.C. § 3372