
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 15USC3372]

 
                      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
        

(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) of this 
section, 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, Sec. 312, Nov. 9, 1978, 92 Stat. 3392; Pub. 
L. 101-60, Sec. 3(b)(2), July 26, 1989, 103 Stat. 158.)

                       References in Text

    The Natural Gas Act, referred to in subsec. (b), is act June 21, 
1938, ch. 556, 52 Stat. 821, as amended, which is classified generally 
to chapter 15B (Sec. 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)''.


                    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.

                  Section Referred to in Other Sections

    This section is referred to in sections 3374, 3431 of this title.
