OAR 150-465-0050
Product Exchange Agreements
When a product exchange occurs, the seller of the petroleum product that was exchanged must charge the fee.
For example, Company A owns product in a terminal facility. Company A enters into an exchange agreement with Company B whereby Company A will provide Company A's product to Company B's customers. Company B must charge the fee on the withdrawal of product from Company A's bulk facility by Company B's customer.
Amendment history
Renumbered from 150-465.104(1)-(B), REV 50-2016, f. 8-13-16, cert. ef. 9-1-16
Source: view the official text
In this chapter (10 sections)
- 150-465-0010 · Bulk Facility Defined; Cargo Tank Defined; Load Fee
- 150-465-0020 · Vessels in Interstate or Foreign Commerce
- 150-465-0030 · Definition of “Petroleum Product”
- 150-465-0040 · Payment of Fee by Seller
- 150-465-0041 · Liability for Unpaid Petroleum Load Fees
- 150-465-0050 · Product Exchange Agreements
- 150-465-0060 · Multiple Withdrawals in a Single Load; Load, Split Load…
- 150-465-0070 · Importer Defined; Delivery Defined
- 150-465-0080 · Exemption for Export of Petroleum Products; Claim for…
- 150-465-0090 · Due Dates for Payment of Fees