North Dakota § 54-17.7-10 Disposal of pipeline facilities

North Dakota Statutes

§ 54-17.7-10 — Disposal of pipeline facilities

North Dakota § 54-17.7-10

Title 54State Government

Ch. 54-17.7Pipeline Authority

This text of North Dakota § 54-17.7-10 (Disposal of pipeline facilities) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 54-17.7-10 (2026).

Text

1.Before becoming an owner or partial owner of a pipeline facility or acquiring capacity in a pipeline system, the authority shall develop a plan identifying:

a.The public purposes of the authority's ownership or capacity acquisition.

b.Conditions that would make the authority's ownership no longer necessary for accomplishing those public purposes.

c.A plan to divest the authority's ownership or capacity interest as soon as economically prudent once those conditions occur.

2.For pipeline facilities that are leased to another entity by the authority at the end of the lease, absent default by the lessee, the authority shall convey its interest in the pipeline facilities to the lessee.

3.For pipeline facilities that are owned by the authority without a lessee, the authority shall divest

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1. Before becoming an owner or partial owner of a pipeline facility or acquiring capacity in
a pipeline system, the authority shall develop a plan identifying:
a. The public purposes of the authority's ownership or capacity acquisition.
b. Conditions that would make the authority's ownership no longer necessary for
accomplishing those public purposes.
c. A plan to divest the authority's ownership or capacity interest as soon as
economically prudent once those conditions occur.
2. For pipeline facilities that are leased to another entity by the authority at the end of the
lease, absent default by the lessee, the authority shall convey its interest in the
pipeline facilities to the lessee.
3. For pipeline facilities that are owned by the authority without a lessee, the authority
shall divest itself of ownership as soon as economically prudent in accordance with the
divestiture plan developed pursuant to subsection 1.