Browse Arkansas Code titles and sections
15 U.S.C. § 3373 — Assignment of contractual rights to receive surplus natural gas
Federal law — U.S. Code and appendices · legal_authorities
**(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](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section3431&num=0&edition=prelim) (relating to the coordination of this chapter with the Natural Gas Act [[15 U.S.C. 717](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section717&num=0&edition=prelim) 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.
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Source file: Laws/federal/codes/united-states-code/title-15/section-3373-assignment-of-contractual-rights-to-receive-surplus-natural-gas--7496203b33.md
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Source location: Title 15, Chapter 60, § 3373; chapter-060-natural-gas-policy.md
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**(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](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section3431&num=0&edition=prelim) (relating to the coordination of this chapter with the Natural Gas Act [[15 U.S.C. 717](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section717&num=0&edition=prelim) 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.
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Federal law — U.S. Code and appendices · legal_authorities
In order to obtain information for the purpose of carrying out its functions under this chapter, the Commission shall have the same authority as is vested in the Secretary under 7151(a) of title 42 with respect to the exercise of authority under [section 796(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section796/b&num=0&edition=prelim) and section 772(b), (c), and (d) of this title.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Necessity of regulation in public interest** As disclosed in reports of the Federal Trade Commission made pursuant to S. Res. 83 (Seventieth Congress, first session) and other reports made pursuant to the authority of Congress, it is declared that the business of transporting and selling natural gas for ultimate distribution to the public is affected with a public interest, and that Federal regulation in matters relating to the transportation of natural gas and the sale thereof in interstate and foreign commerce is necessary in the public interest.
**(b) Transactions to which provisions of chapter applicable** The provisions of this chapter shall apply to the transportation of natural gas in interstate commerce, to the sale in interstate commerce of natural gas for resale for ultimate public consumption for domestic, commercial, industrial, or any other use, and to natural-gas companies engaged in such transportation or sale, and to the importation or exportation of natural gas in foreign commerce and to persons engaged in such importation or exportation, but shall not apply to any other transportation or sale of natural gas or to the local distribution of natural gas or to the facilities used for such distribution or to the production or gathering of natural gas.
**(c) Intrastate transactions exempt from provisions of chapter; certification from State commission as conclusive evidence** The provisions of this chapter shall not apply to any person engaged in or legally authorized to engage in the transportation in interstate commerce or the sale in interstate commerce for resale, of natural gas received by such person from another person within or at the boundary of a State if all the natural gas so received is ultimately consumed within such State, or to any fa
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Federal law — U.S. Code and appendices · legal_authorities
This chapter may be cited as the “Natural Gas Act.”
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Federal law — U.S. Code and appendices · legal_authorities
Page 2009
TITLE 15—COMMERCE AND TRADE
§ 3373
1 See References in Text note below.
likely that the determinations described in
subparagraph (A) will be made following the
hearing required under subparagraph (A).
(C) Determination
The determination of whether any inter-
ruption of any sale authorized under para-
graph (1) is required under subparagraph
(A)(i) shall be made by the Commission
without regard to the character of the use of
natural gas by any customer of the intra-
state pipeline involved.
(D) State intervention
Any interested State may intervene as a
matter of right in any proceeding before the
Commission relating to any determination
under this section.
(7) Disapproval of application
The Commission shall disapprove any appli-
cation for authorization of any sale under
paragraph (1) if the Commission determines—
(A) such sale would impair the ability of
the intrastate pipeline involved to provide
adequate service to its customers at the
time of such sale (without regard to the
character of the use of natural gas by such
customer);
(B) such sale would involve the sale of nat-
ural gas acquired by the intrastate pipeline
involved solely or primarily for the purpose
of resale of such natural gas pursuant to a
sale authorized under paragraph (1);
(C) such sale would violate any require-
ment of this subsection or any term or con-
dition established, by rule or order, by the
Commission and applicable to such sale; or
(D) such sale would circumvent or violate
any provision of this chapter.
(c) Terms and conditions
Any authorization granted under this section
shall be under such terms and conditions as the
Commission may prescribe.
(Pub. L. 95–621, title III, § 311, Nov. 9, 1978, 92
Stat. 3388.)
Editorial Notes
REFERENCES IN TEXT
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Federal law — U.S. Code and appendices · legal_authorities
Page 1186
TITLE 15—COMMERCE AND TRADE
§ 715l
§ 715l. Repealed. June 22, 1942, ch. 436, 56 Stat.
381
Section, acts Feb. 22, 1935, ch. 18, § 13, 49 Stat. 33; June
14, 1937, ch. 335, 50 Stat. 257; June 29, 1939, ch. 250, 53
Stat. 927, provided for expiration of this chapter on
June 30, 1942.
§ 715m. Cooperation between Secretary of the In-
terior and Federal and State authorities
The Secretary of the Interior, in carrying out
the Act of February 22, 1935, as amended (15
U.S.C., ch. 15A), is authorized to cooperate with
Federal and State authorities.
(June 25, 1946, ch. 472, § 3, 60 Stat. 307.)
Editorial Notes
REFERENCES IN TEXT
Act of February 22, 1935, referred to in text, is act
Feb. 22, 1935, ch. 18, 49 Stat. 30, popularly known as the
‘‘Hot Oil Act’’ and also as the ‘‘Connally Hot Oil Act’’,
which is classified generally to this chapter. For com-
plete classification of this Act to the Code, see Short
Title note set out under section 715 of this title and Ta-
bles.
CODIFICATION
Section was not enacted as a part of act Feb. 22, 1935,
which comprises this chapter.
Executive Documents
DELEGATION OF FUNCTIONS
Delegation of President’s authority to Secretary of
the Interior, see note set out under section 715j of this
title.
CHAPTER 15B—NATURAL GAS
Sec.
717.
Regulation of natural gas companies.
717a.
Definitions.
717b.
Exportation or importation of natural gas;
LNG terminals.
717b–1.
State and local safety considerations.
717c.
Rates and charges.
717c–1.
Prohibition on market manipulation.
717d.
Fixing rates and charges; determination of
cost of production or transportation.
717e.
Ascertainment of cost of property.
717f.
Construction, extension, or abandonment of
facilities.
717g.
Accounts; records; memoranda.
717h.
Rates of
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