§ 42-81-4. Authority. The governor, or the governor's designee, shall promulgate any rules and regulations he or she deems essential to the development, implementation, and administration of a petroleum set-aside system and shall have the authority to establish that system. The petroleum set-aside system established under the authority of this chapter shall not go into effect in whole or in part except where the federal government terminates, suspends, or fails to implement all or part of the federal petroleum allocation program. The governor, or the governor's designee, shall implement only that portion of the state set-aside program necessary to prevent and alleviate any energy hardship or shortage. Rules and regulations established pursuant to the provisions of this chapter shall direct that prime suppliers of petroleum shall set aside an amount, as determined by the governor or the governor's designee, of liquid fossil fuel which shall be a percentage not to exceed five percent (5%) of the monthly volume of liquid fossil fuels which prime suppliers intend to sell into the state distribution system for consumption within the state.
History of Section. (P.L. 1981, ch. 158, § 1.)
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal insurance products you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with access to legal services through a network of provider law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our provider law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your provider law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal insurance products, and access to the LegalFix network of provider law firms are subject to the LegalFix Terms of Service and Privacy Policy.
