16 U.S.C. · Conservation
16 U.S.C. § 815

Contract to furnish power extending beyond period of license; obligations of new licensee

Ch. 12 — FEDERAL REGULATION AND DEVELOPMENT OF POWER
Title 16 U.S.C. ● ACTIVE Primary Source Ch. 12
Statutory Text

16 U.S.C. § 815 — Contract to furnish power extending beyond period of license; obligations of new licensee

U.S.C. Title 16 - CONSERVATION 16 U.S.C. United States Code, 2023 Edition Title 16 - CONSERVATION CHAPTER 12 - FEDERAL REGULATION AND DEVELOPMENT OF POWER SUBCHAPTER I - REGULATION OF THE DEVELOPMENT OF WATER POWER AND RESOURCES Sec. 815 - Contract to furnish power extending beyond period of license; obligations of new licensee From the U.S. Government Publishing Office, www.gpo.gov

§815. Contract to furnish power extending beyond period of license; obligations of new licensee

Whenever the public interest requires or justifies the execution by the licensee of contracts for the sale and delivery of power for periods extending beyond the date of termination of the license, such contracts may be entered into upon the joint approval of the commission and of the public-service commission or other similar authority in the State in which the sale or delivery of power is made, or if sold or delivered in a State which has no such public-service commission, then upon the approval of the commission, and thereafter, in the event of failure to issue a new license to the original licensee at the termination of the license, the United States or the new licensee, as the case may be, shall assume and fulfill all such contracts.

(June 10, 1920, ch. 285, pt. I, §22, 41 Stat. 1074; renumbered pt. I, Aug. 26, 1935, ch. 687, title II, §212, 49 Stat. 847.)

Source: uscode.house.gov — public domain Official Source ↗
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16 U.S.C. § 815
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The statutory text of 16 U.S.C. § 815 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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