55-802. When compact binding. - Kansas Statutes

55-802

Chapter 55.--OIL AND GAS Article 8.--INTERSTATE COMPACT TO CONSERVE OIL AND GAS

      55-802.   When compact binding.No compact made under the authority of this act shall bind this state,unless and until:

      (a)   Said compact shall be ratified by the legislatures of two of thestates of Texas, Oklahoma, California, Kansas, and New Mexico, and thelegislature of this state, and congress shall consent thereto;

      (b)   Congress shall make provision for the limitation of importations ofpetroleum and the products thereof, including natural asphalt, to not toexceed 4.5 percent of the domestic allowable production of crude petroleumas determined in accordance with the findings referred to in K.S.A. 55-801;

      (c)   Congress shall provide for the control of interstate movement ofpetroleum produced or withdrawn from storage in violation of the law andvalid regulations of the several states, and products of such petroleum;

      (d)   Congress shall provide for the control of interstate movement ofpetroleum produced in any state in excess of the determination, referred toin K.S.A. 55-801, of allowable production within said state asapproved by the president, and products of such petroleum.

      History:   L. 1935, ch. 214, § 2; March 14.