Louisiana Statutes

§ 3:4690 — Petroleum bulk sale of motor fuel, temperature adjusted volume required

Louisiana·Title 3 Agriculture and Forestry

A. As used in this Section, the following words and phrases shall have the meaning hereinafter ascribed to them:

(1)"Gross gallons" are those gallons that have not been temperature adjusted.
(2)"Net gallons" are those gallons that have been temperature adjusted to sixty degrees Fahrenheit.
(3)"Petroleum product bulk sale" means a single sale of at least seven thousand gross gallons of a petroleum product made at a single place and time other than those sales made on a consignment basis.
(4)"Petroleum jobber" means any person, firm, corporation or association of persons:
(a)Who is a distributor or wholesaler of a petroleum product or who is the intermediate or middleman between the refiner and the retail dealer, the consumer, or another jobber; and
(b)Whose principal business is buyin

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Louisiana § 3:4690 (Petroleum bulk sale of motor fuel, temperature adjusted volume required) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 2003, No. 139, §1, eff. May 28, 2003.

Nearby Sections

15
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