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

156 words·~1 min read·/usc/title-16/section-815

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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.)

Connections15 cite this

Cited by 15 sections · top 13

statute-compilations

Sec. 22
That 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.

4 references not yet in our index

June 10, 1920, ch. 285
41 Stat. 1074
Aug. 26, 1935, ch. 687
49 Stat. 847

Citation graph

cites case law

§ 815

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

Fed. Reg.×14

Stat. Comp.×1

ActJune 10, 1920, ch. 285

Stat.41 Stat. 1074

ActAug. 26, 1935, ch. 687

Stat.49 Stat. 847

Cites 4Cited by 15 across 2 sources