Arizona § 27-569 Prohibitions on resale

Arizona Statutes

§ 27-569 — Prohibitions on resale

Arizona § 27-569

Title 27Arizona Revised Statutes

Ch. 4OIL AND GAS

Art. 2Lease of State Lands for Oil and Gas

This text of Arizona § 27-569 (Prohibitions on resale) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 27-569 (2026).

Text

Sale of royalty oil under this article is for processing or use in the purchaser's refineries but not for resale in kind. Agreements providing for the exchange of refinery charge stocks on a volume or equivalent value basis are not a resale in kind prohibited by this section. If an exchange agreement has been entered into or is contemplated with regard to royalty oil available for sale, full information relating to such fact shall be furnished to the department either at the time of filing applications to purchase royalty oil or with the submission of a bid.

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Sale of royalty oil under this article is for processing or use in the purchaser's refineries but not for resale in kind. Agreements providing for the exchange of refinery charge stocks on a volume or equivalent value basis are not a resale in kind prohibited by this section. If an exchange agreement has been entered into or is contemplated with regard to royalty oil available for sale, full information relating to such fact shall be furnished to the department either at the time of filing applications to purchase royalty oil or with the submission of a bid.