FEDERAL · 30 U.S.C. · Chapter SUBCHAPTER I—GENERAL PROVISIONS
Cancellation or modification of contracts
30 U.S.C. § 192a
Title30 — Mineral Lands and Mining
ChapterSUBCHAPTER I—GENERAL PROVISIONS
This text of 30 U.S.C. § 192a (Cancellation or modification of contracts) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
30 U.S.C. § 192a.
Text
Where, under any existing contract entered into pursuant to the first proviso in the second paragraph of section 192 of this title, any refinery is required to pay a premium price for the purchase of Government royalty oil, such refinery may, at its option, by written notice to the Secretary of the Interior, elect either—
(1)to terminate such contract, the termination to take place at the end of the calendar month following the month in which such notice is given; or
(2)to retain such contract with the modifications, that (a) the price, on and after March 1, 1949, shall be as defined in the contract, without premium payments, (b) any credit thereby resulting from past premium payments shall be added to the refinery's account, and (c) the Secretary may, at his option, elect to terminate t
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Related
§ 192
30 U.S.C. § 192
Source Credit
History
(Sept. 1, 1949, ch. 529, §1, 63 Stat. 682.)
Editorial Notes
Editorial Notes
Codification
Section was not enacted as part of act Feb. 25, 1920, ch. 85, 41 Stat. 437, known as the Mineral Leasing Act, which comprises this chapter.
Codification
Section was not enacted as part of act Feb. 25, 1920, ch. 85, 41 Stat. 437, known as the Mineral Leasing Act, which comprises this chapter.
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Bluebook (online)
30 U.S.C. § 192a, Counsel Stack Legal Research, https://law.counselstack.com/usc/30/192a.